military - industrial complex (
MIC) describes the relationship between a nation s military and the defense industry that supplies it, seen together as a vested interest which influences public policy.[1][2][3][4] A driving factor behind this relationship between the government and defense-minded corporations is that both sides benefit one side from obtaining war weapons, and the other from being paid to supply them.[5] The term is most often used in reference to the system behind the military of the United States, where it is most prevalent due to close links between defense contractors, the Pentagon and politicians[6][7] and gained popularity after a warning on its detrimental effects in the farewell address of President Dwight D. Eisenhower on January 17, 1961.[8][9]
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Avoid Overvalued Coinbase: Buy These 10 Best Crypto, Bitcoin Stocks Instead
San Francisco-based cryptocurrency exchange platform Coinbase Global, Inc. (NASDAQ: COIN) went public on April 15 with a market capitalization of $86 billion. Coinbase CEO Brian Armstrong became one of the richest men in the world after the listing, with some 40 million shares he owns in the firm equating to almost $16 billion in value. The company was founded by Armstrong in 2012 and is one of the largest crypto exchange platforms globally and facilitates the buying, selling, and storage of digital currencies, including giants like bitcoin and ethereum.
What’s So Special About Coinbase IPO?