Flash News

Coinbase CEO: Encrypted money has significantly improved global financial availability

According to Brian Armstrong, CEO of Coinbase, the real progress of encrypted currencies in increasing global financial availability has been underestimated. It noted that the stabilization currency had pushed up the dollar, enabling global users to hold low-inflation currencies and make all-weather low-cost transfers; that decentralized finance had broadened access to credit; that monetized stocks had provided access to the United States stock market for those lacking traditional voucher services; and that bitcoin had provided a valuable storage that could hardly be diluted by inflation. At the same time, he said that there was room for further industry development, but that the progress made at the current stage should not be overlooked。

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