The a16z Show · Oct 13, 10:00 AM UTC
Coinbase says it already follows most "bunker mode" security measures
Historical operation · Retained
“To to Justin's point regarding institutions following all of these practices, you know, Coinbase already came out and said they already do this, right? that they already do a lot of the specific measures outlined in bunker mode and I think that they they will continue to do that.”
Quoted source · 18:37–18:54 · 8 source segments
- [1] 18:37–18:41
- [2] 18:39–18:42
- [3] 18:41–18:44
- [4] 18:42–18:45
- [5] 18:44–18:48
- [6] 18:45–18:50
- [7] 18:48–18:52
- [8] 18:50–18:54
Model assessment
Speakers note Coinbase has publicly said it already performs many of the security measures outlined in Justin Drake's "bunker mode" recommendations and expect it to continue. This is a general security-hygiene observation with no material catalyst or change to expected fundamentals for Coinbase, so no directional trade is supported.
8 exact transcript citations