Coinbase is one of the largest cryptocurrency exchanges in the market, functioning in more than 65 nations globally. Brian Armstrong, the exchange’s chief executive officer and co-founder, always remains in the limelight due to his statements about the industry.
In a blog post published on March 19, Coinbase’s Co-Founder and CEO, Brian Armstrong, addresses the widespread skepticism about the utility of cryptocurrency.
Armstrong refutes the myth that crypto’s only purpose is speculation and unlawful behavior, claiming that over 50 million Americans and 400 million individuals worldwide have used crypto, with illicit activities accounting for less than 0.5% of transaction volume.
He argues that most crypto adopters are drawn to currencies for investment purposes. Brian used the United States government’s decision in the 1970s to sever the dollar’s link to gold, resulting in overspending, inflation, and other financial issues.
In the past few years, Coinbase and
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