Who exactly is Brian Armstrong, CEO Coinbase? It is worth listening to what he is talking about about the market!

Brian Armstrong, Coinbase CEO, is one of the leaders of the cryptocurrency industry. His career is impressive! It is also worth listening to what he is saying recently.

Brian Armstrong, or who?

Brian Armstrong was born on January 25, 1983 in San Jose, California. Apparently, from an early age he was interested in new technologies, including learning programming languages ​​such as Java and CSS. In 2005 he graduated from Rice University, thus obtaining a double bachelor’s degree in economics and computer science. A year later he won a master’s degree in computer science.

After studying, it’s time to enter the labor market. First, he worked as a programmer at IBM, then entered the role of a consultant in Deloitte. In 2011 he joined the Airbnb team as an IT specialist. There he also gained experience about international payment systems. Something else was more important: it was while working at Airbnb that he noticed the difficulties associated with sending money outside the USA, which inspired him to be interested in cryptocurrencies.

In 2012, Armstrong founded Coinbase, aimed at creating a platform that facilitates bitcoin trade and other digital assets for cryptocurrency enthusiasts. Thanks to his vision and determination, the stock exchange quickly became one of the largest and most trusted platforms of this type in the world. In 2021 she even made her debut on Nasdaq.

Armstrong is also known for his philanthropic activities. In 2018, he launched Givecrypto.org, a non-profit organization aimed at financial support for people in need of help. In turn, under the banner, Coinbase took part with the initiative, whose goal is to financially support politicians who have probitcoin views. In practice, this meant help for Congressmen candidates.

As a leader in the cryptocurrency industry, Armstrong puts a lot of emphasis on creating a safe and in line with the platform regulations, building strong relationships with regulators and expanding the company’s offer to meet the needs of institutional and business investors. His vision and commitment contributed to the popularization of cryptocurrencies and making them more accessible to a wide range of users.

His career, however, is not only success. Coinbase also had legal problems. Sec accused her of enabled trade in unregistered securities, recognizing some of the cryptocurrencies that appeared on the platform. However, there are many indications that the change at the peaks of power in the US will save the company’s situation.

Armstrong in the media

Due to the fact that Armstrong is one of the most famous and influential people on the market, it is worth following what he is saying in public lately. For example, during this year’s World Economic Forum in Davos, Bitcoin was a better form of money than gold. He added that governments around the world will start investing in BTC, even by allocating 1% of their reserves for this purpose.

During the forum he also noticed that the number one topic on him was the presidency of Trump and, among others His approach to cryptocurrencies.

President Trump forces everyone to raise the level (cryptocurrency debate)

he added.

Around a similar time on CNBC, he said that we were entering the “new era (market) cryptocurrency”, which began to come to power of Donald Trump. He meant that in the US the industry regulations would finally be created in the USA. All this would translate into a quote Btc.

I think that in time we will see how Bitcoin reaches the price in the multi -million range

he added.

Referring to the next plans of Trump, he pointed out that BTC “will become a new gold standard”.

If Ross Ulbricht has been pardoned, we will definitely get a strategic BTC reserve

He noted, explaining his optimism.

At the same time, however, he wrote that the road to the top will still be bumpy. In the post he pointed to a certain market problem – too many tokens are created today.

We must think about our Coinbase quantification process, taking into account that currently about 1 million tokens are created a week and (this number) is growing. This is a problem, the assessment of each one in turn is no longer possible

– we read on his profile.

This may suggest some changes that are affected by large, centralized stock exchanges and be a clue about the regulations we are waiting for.

Conclusions?

Armstrong still considers BTC to be a better equivalent of money than gold and predicts that governments will start investing in this cryptocurrency. In his opinion, the new US administration may contribute to clear regulations regarding cryptocurrencies, which will increase their value. At the same time, however, the businessman draws attention to the problem of overproduction of tokens, which suggests possible changes in Coinbase policy regarding their quotations, and maybe also more broadly: the entire market (taking into account the potential influence of Armstrong on politicians).

It is worth following the media activity of the boss of Coinbase, because thanks to the fact that he financially supported politicians during the election campaign, he can now “inspire” them what provisions regarding stock exchanges and the entire market may arise.

You can buy Bitcoin and other cryptocurrencies in a simple and safe way on the Zondacrypto stock exchange.