RE: Coinbase CEO Brian Armstrong: 1,000,000,000 People Will Engage in Blockchain Economy Within a Decade,
1,000,000,000 People Will Engage in Blockchain Economy Within a Decade, Says Coinbase CEO Brian Armstrong
“Brian Armstrong, co-founder and chief executive officer of crypto exchange Coinbase, says the number of people who engage with the blockchain economy will surge exponentially in the coming years.
The 37-year-old billionaire tells Forbes that humanity is destined for a ‘more global, more fair, more free and more efficient’ financial system, and the 50 million people currently engaging with blockchain-based assets will rise to 1 billion over the next decade.
Bitcoin and blockchain technology are still hounded by scaling limitations and face harsh criticisms from the likes of billionaire Warren Buffett and economist Nouriel Roubini, and Armstrong admits there is much room for improvement in the cryptocurrency space.
He says there are potential solutions that can address the shortcomings of Bitcoin as a means of exchange for the global economy. These include utilizing the the king coin primarily as a store of value while creating new digital currencies for speedy transactions.”