Gil Luria, director of research at D.A. Davidson, talks about the upcoming Coinbase direct listing and his recent research note, \u201cIntroducing Crypto\u2019s Amazon Moment.\u201d In this episode, Gil discusses:\n his crypto background, including his experience as the first Wall Street analyst to cover Bitcoin back in 2013 (1:27)\n why the Coinbase IPO is going to be an inflection point for the crypto industry (3:02)\n why he gave Coinbase's upcoming stock a \u201cbuy\u201d rating (4:14)\n who Coinbase's biggest competitors are (5:13)\n why Gil believes Coinbase is the \u201cgold standard\u201d in crypto (6:29)\n how investing in Coinbase stock compares to investing in actual crypto assets (8:13)\n how he came to $195 price target for COIN (10:39)\n why a $2 billion revenue estimate for Coinbase in 2021 might be conservative (12:01)\n how Coinbase is generating money outside of transaction fees (14:19)\n whether he expects the institutional adoption trend to grow (15:49)\n what his expectations are for the price of COIN on the day it opens (17:20)\n why GBTC is no longer trading at a premium to the spot price of bitcoin (18:20)\n whether Gil will continue to cover crypto (20:05)\n crypto News Recap (20:53)\xa0\n \xa0\n Thank you to our sponsor!\n Crypto.com: https://bit.ly/3jzkTAD\xa0\n Download the Crypto.com app here: https://crypto.onelink.me/J9Lg/laurashinpodcasttesla\n \xa0\n Episode links:\n Gil Luria\u2019s Twitter profile: https://twitter.com/gilluria\xa0\n \xa0\n Crypto\u2019s Amazon Moment: https://markets.businessinsider.com/currencies/news/coinbase-direct-listing-public-coverage-stock-price-amazon-cryptocurrency-dadavidson-2021-3-1030150896\xa0\n \xa0\n Introducing Crypto\u2019s Amazon Moment: https://unchainedpodcast.com/wp-content/uploads/2021/03/DA-Davidson-Coinbase-Initiation-20210302.pdf\n \xa0\n Coinbase S-1 Filing: https://www.sec.gov/Archives/edgar/data/1679788/000162828021003168/coinbaseglobalincs-1.htm\xa0\n \xa0\n 2013 Quote from Gil on Bitcoin: https://www.streetinsider.com/Analyst+Comments/Bitcoin+Could+Be+Worth+10-100x+Current+Price+-+Analyst/8936836.html\xa0\n \xa0\n Link to the Crypto News Recap:\n https://unchainedpodcast.com/the-irs-clarifies-its-position-on-crypto-purchases/\n \xa0\nLearn more about your ad choices. Visit megaphone.fm/adchoices