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I need to see real growth in metrics like customer acquisition and trading volume before making a deeper commitment. From what I can tell, the news about EDXM will only be positive for Coinbase if it helps to expand the pie for the crypto industry as a whole. That's right -- they think these 10 stocks are even better buys. Independent nature of EDXM would also restrain the firm from the possibility of conflicts of interest. EDXM needed to prove its utility to stay relevant within the crypto space though. For now, I'm taking a wait-and-see backed crypto exchange with Coinbase. Meanwhile, the EDX exchange would work to accommodate both private and institutional investors.

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Bettingen 500 hats

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But even though the setting is totally fairy tale, the denizens of Didd don't seem to have to deal with typical fantasy hassles as orcs, wizards, or dragons—at least not on the reg. As such, they're fairly flabbergasted when Bartholomew Cubbins's hat starts going all magic trick.

It's so strict that the city planners had to physically construct the city to match it: [King Derwin's] palace [stands] high on the top of the mountain. From his balcony, he look[s] down over the houses of all his subjects—first, over the spires of the noblemen's castles, across the broad roofs of the rich men's mansions, then over the little houses of the townsfolk, to the huts of the farmers far off in the fields.

As the story progresses, we see the class structure of Didd mirrors its urban planning. The King is on top, then the noblemen like Duke Wilfred, the rich men like Sir Snipps, the townsfolk like Yeoman the Bowman, and lastly, the farmers like Bartholomew and his kin. The rigid class structure extends to the rules and laws of the society. Bartholomew does so, but another hat mysteriously appears; when he attempts to remove this one, yet another one appears.

For unknown reasons, whenever Bartholomew removes one hat, another one appears on his head. The young boy is taken to the castle where numerous people attempt to remove the hat from Bartholomew's head, but all attempts end in failure. The royal hatter runs away in terror, the King's young nephew fails to shoot the hats off with arrows, a great bowman similarly fails with a longbow, and Wizards attempt to curse the hat away but claim that their spell would only work in "Ten Short Years".

The King, exasperated by all the attempts, sends Bartholomew to be executed, but once again the laws get in the way as a person cannot be executed by the Executioner with his or her hat on. The King's nephew suggests throwing Bartholomew from the highest tower as a punishment. The King, while mildly upset by the idea, agrees. Bartholomew begins to push his hats off rapidly as they climb the tower. As this continues, the hats begin to grow in extravagance and beauty from the st hat onwards.

The st hat has two feathers, while the nd hat has three and the rd hat has three feathers and a small gem, and so on. Ultimately the th hat is revealed as the greatest, studded with massive gems, plumes of feathers from rare birds and gilding, although Bartholomew seems unaware of the fact. The king is stunned by the beauty of the hat, but the nephew is more incensed than before at the sight of it. He tries to push Bartholomew off the tower against the King's wishes.

But the King saves Bartholomew's life by spanking the nephew as a punishment. King Derwin grants Bartholomew a reprieve, requesting all hats in exchange for gold coins. Bartholomew agrees and is sent home with his massive reward, while the King keeps all of the hats in a massive chest to admire for years to come.

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