Coinbase is a hosted bitcoin wallet that allows users to store and transact bitcoin without needing to download the full bitcoin blockchain. It has seen rapid growth, with 20% daily increases in signups and $65,000 USD in transactions in its first 5 weeks, as it aims to make bitcoin easier to use like a traditional payment network and currency.

Coinbase’s early pitch deck outlines the founders’ vision of making digital currency accessible to everyone by creating a user-friendly platform for buying, selling, and managing cryptocurrencies. Recognizing the complexities and barriers to entry in the early days of cryptocurrency, Coinbase set out to simplify the process, offering a secure and straightforward way for individuals and businesses to engage with Bitcoin and other digital assets. The deck highlights the growing market potential for cryptocurrencies, the security and ease-of-use features that differentiate Coinbase, and the strategies that would help it become a leading platform in the crypto space, driving mainstream adoption and shaping the future of digital finance.