I don’t understand why @barmstrong is selling 2% of his $COIN when he could just take out a loan

Built to Build. Angel investor. Previously at Eng and Ventures Coinbase

A guess: He wants to avoid leveraged assets going deeper into a bear market, and likely wants to rebalance his portfolio allocation to be marginally less overweight $COIN.

Building something new. Host: /venturecapital /adventures /theitinerant

Totally fair. Fwiw I'm long COIN as well.

As someone who’s long COIN I would disagree. But get the point