Hedera HBAR being admitted for trading on the Coinbase cryptocurrency exchange platform is an inevitable event.
Video Transcription: Will HBAR be listed on Coinbase? So I find it ironic that in regards to performance, security, governance, stability and regulatory compliance, that HBAR is the best cryptocurrency to ever exist yet the token is not listed on the Coinbase exchange. Now just for reference, Hedera or HBAR does not need to be listed on the Coinbase exchange to achieve its goal of being the first mass-adopted public distributed ledger. Listen, there is no doubt that HBAR will change the world and that it will become the world’s first mass-adopted DLT. But I certainly would like to know why HBAR is not yet listed on Coinbase. In fact, based on a 2 year old Coinbase blog post, we know that they’ve explored the idea of adding HBAR to their cryptocurrency exchange platform. So clearly there must have been some secret discussion between Coinbase and Hedera about adding HBAR to the exchange. But until we know the facts and details of that discussion, then I guess all we can do is just speculate….so let’s speculate. So the first possibility, and this could be a legitimate outcome, is that Coinbase wants to become a member of Hedera’s governing council. Now, Hedera once said that they wanted two crypto related entities on their governing council. And so they added Chainlink, and that means they need one more crypto council member, which could end up being Coinbase. So you have understand that business agreements, and the legal aspects of it, can sometimes take years to complete. So it could be that the legal side of this are still being worked out, and maybe within the next year Coinbase might become a governing council member and at the same time list HBAR on their exchange. So let me give you an example of how long it can take to get a token listed on Coinbase. So in the year 2018, the LCX exchange and the Bianace exchange announced a possible partnership. Well, a year later, in 2019, the partnership was canceled. And immediately after the deal was canceled, this mysterious pixilated photograph appeared on the LCX About page. The pixilated photograph is titled Confidential Advisors and Management to be Announced. Well, guess what, I have some basic experience in Image forensic and analysis so I decided to un-pixilate this image an it turns out it is a picture of Brian Armstrong, who is the CEO of Coinbase. By the way, the meta data analysis shows that this image was added June 29th of 2019. And keep in mind that the LCX token was listed on Coinbase more than 2 years after this picture was added to their About page. (By the way, I did a whole video about this top secret discovery so make sure you check out that video). Oh, and by the way, the LCX exchange is also partnered with Hedera. So like I said from the beginning. Hedera does NOT need Coinbase. In fact, if anything it’s the other way around. Coinbase needs Hedera. Just look at Header’s governing council members. Hedera is owned and governed by the world’s leading organizations. Google, IBM, Boeing, LG Electronics, Avery Dennison, a few of the largest banks in the world, a few of the world’s leading universities. And even one of the largest law-firms in the world is on Hedera’s governing council. As well as a few other fortune 500 companies. So the reason Coinbase needs to become a Hedera council member is because it could offer them protection from government regulations. Listen, when you have this many massive enterprises coming together to form this single mega entity. Then these industries are able to make sure that the crypto laws created by the government work in their favor and not in the favor of their competition. So naturally Coinbase needs to be a part of Hedera’s governing council, and the legal aspects of this could take some time for it to complete. Okay, So that was one theory, and there could be others. Maybe another reason why Coinbase hasn’t added HBAR to their crypto exchange platform is because the Hedera Council members don’t want it there. Like I said, Hedera does not need Coinbase to be successful. HBAR is still going to change the world without Coinbase. In fact, Hedera council members may have already decided that Coinbase is more of a risk factor than an asset. So another theory is that Hedera wants to wait until the SEC provides more regulatory clarity before HBAR is added to Coinbase. It could also be that there is a conflict of interest between Hedera council members and Coinbase. For example, Google Cloud is hiring a legion of blockchain experts to expand its business. Well Google is a Hedera governing council member so maybe there could be a conflict of interest down the road. Now, in my personal opinion, it’s just a matter of time until Coinbase is added to Hedera’s governing council and HBAR will then be listed on their exchange platform….Ubisoft supports gaming on decentralized Hedera network new GC member!