“I Own A Ton Of Bitcoin” Says Coinbase CEO Brian Armstrong

Brian Armstrong, co-founder and CEO of Coinbase, spoke about Bitcoin in an interview on Thursday (September 23).

Armstrong made his comments about Bitcoin during an interview on The Best Business Show with Anthony Pompliano (aka “Pomp”), Co-Founder and Partner of Morgan Creek Digital Assets.

Bitcoin continues to amaze Armstrong, and he believes it will remain the best store of value crypto asset:

“Bitcoin is what got me interested in cryptocurrency in the first place. I’m still pumped about it… I have a large amount of Bitcoin… I believe… It will exist in perpetuity as the industry’s gold or money.”

He further added,

I’m seeing adoption and interest across a lot of different assets. I think that’s generally good thing. You know, Coinbase has always tried to be agnostic about which one wins and which one doesn’t… We just want to basically serve our customers with whatever they want to do…

“I always am a little frustrated seeing some of the tribalism that happens online… Twitter is kind of built for conflict and warfare, and I don’t think it actually represents what the majority of the industry feels, which is probably a much more nuanced view, which I know you have as well…”

Armstrong has this to say about alternative blockchains and cryptoassets:

We already are in this world where the crypto economy is built of a number of different assets and blockchains that have different purposes. whether that’s to be sort of gold or payments or security contracts or gaming or derivatives… So there’s more and more things that are going to keep coming out.

I think, well, my guess is that we’ll eventually be in a world where there’s maybe dozens of blockchains, but there’s millions or billions of tokens… There’s going to be so many tokens that it’s like kind of hard even to imagine where that ends.

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