Coinbase CEO Claims Crypto Boosts Global Economic Freedom

Brian Armstrong, CEO of Coinbase, asserts that cryptocurrencies promote global economic freedom by reducing reliance on traditional finance systems. He argues that this technology empowers individuals and expands access to investment opportunities worldwide. This claim is being debated as different groups explore the impact of crypto on socio-political structures, specifically referencing Poland’s recent growth compared to Venezuela’s economic decline under socialist rule. Armstrong believes smaller investments in crypto can unlock broader access to the digital economy for people globally. He predicts that Bitcoin could reach $1 million by 2030 based on factors like improved regulatory clarity and growing institutional demand.