The CEO believes Bitcoin could be the new global gold standard that re-boosts western competitiveness against the rising challenge from China.
In the latest interview, Coinbase CEO Brian Armstrong shared his view on the broader market amid a months-long dump and the trajectory ahead of the company. He also commented on Ray Dalio’s “The Changing World Order” theory, saying, if crypto adoption continues to rise, a new world order may revolve around a decentralized West competing with a centralized East.in his latest interview that it had shown vastly different characteristics this time.
Separately, he believes the total market cap of cryptocurrency probably needs to increase 5 – 10x to make the asset class a hedge against inflation – aDuring the bear market, the CEO noted that his company would focus on innovation and developing new products.
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