Why Coinbase Could Be the Netflix of Crypto

Netflix (NASDAQ: NFLX) made the recurring revenue strategy look dead simple: "Just" bill millions of people each month for a service that they aren't likely to cancel, reinvest the cash in generating more content for the customers to consume, then repeat the process forever, perhaps hiking prices once in a while along the way.That model has worked wonders for Netflix, whose stock has soared 1,140% in the last decade.As cryptocurrency gets its mainstream moment, Coinbase Global (NASDAQ: COIN) is positioning itself to run a similar playbook built on predictable, subscription-like cash flows from investors. Here's what you need to know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool