Coinbase CEO Brian Armstrong has hinted at his company’s plans to boost the crypto ecosystem by creating more financial freedom and updating the financial system.

Armstrong made the statement during a CNBC interview, noting that new investments and asset classes, including capital formation credit, can be reinvented and made more efficient under the new implementation. According to Armstrong, nearly $100 trillion in capital and credit markets could eventually be rebuilt on Bitcoin and blockchain technology.

https://coinedition.com/coinbase-ceo-brian-armstrong-says-100-trillion-could-move-into-bitcoin-and-crypto/

40 Comments

  1. Yeah but mostly stable coins backed by short term treasuries.

    And is doing a lot in that sentence

  2. Could. Could be $100 trillion. Could be $1.00. Likely be somewhere between some of those numbers, so go play the prediction markets and select the $1 to $100 trillion range.

  3. In other news, crack dealer says demand for crack is going to reach 100m users by the end of 2026

  4. Guys

    Hello

    Yo

    This is fucking nuts.

    These grifting losers are selling magic beans.

    Be honest. Think about it. Smart contracts, crypto, tokens, coins, web3, blockchain, nfts, defi, staking etc

    These technologies combined have a total economic value of like 25B.

    The fact that there is over 1T tied up in this? 

    Hesus 

  5. coinfeeds-bot on

    tldr; Coinbase CEO Brian Armstrong stated in a CNBC interview that up to $100 trillion could eventually flow into Bitcoin and blockchain markets, transforming capital and credit systems. He emphasized that crypto is more than an asset, describing it as a foundational upgrade to finance by reducing intermediaries. Armstrong’s vision aligns with Coinbase’s efforts to enhance financial freedom and modernize the financial system, potentially boosting the crypto ecosystem and Bitcoin’s value in the long term.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  6. IntentionDeep651 on

    the only thing that going up all the time is insane price targets from crypto CEOs

  7. Take years to achieve 100 trillion, most in this sub won’t benefit from it in the future

  8. Pony-boystonks on

    An asteroid could also hit earth and we could all die. Technically it is possible

  9. “In further news, Brian Armstrong also says monkeys could fly out of his butt”

  10. Guy who needs money to flow into crypto says money will flow into crypto, news at 11

  11. This moron also said over a year ago he would do stock buybacks and all he has done instead is massive insider sells regularly

  12. Securities markets and bank assets in the US are about $160 trillion – why in a world where crypto has ‘revolutionized finance’ would about a third of finance not be on-chain at all? Why would that dislocation exist?

    These aren’t serious people.

  13. Man who built his career around crypto begs everyone to keep using crypto.

    And is prepared to lie or make up stuff with no basis, as part of the begging.

    So many parasites in crypto.

  14. Anxious_Noise_8805 on

    It could be $100 trillion of stablecoins almost nothing into native tokens

  15. MarioWilson122 on

    Damn he looking too far ahead. We need to get to the first 0 with a one in front, before we move to two zeros. Would’ve been nice to see it at 10 trillion this past cycle, but it didn’t come to be.

  16. Budget-Dust-7171 on

    It doesn’t ’move into it’. The value rises as demand increases but it’s not a bank. To get a coin your money goes to someone selling a coin. Where does that money go? To somewhere else.

    These people don’t seriously understand finance. In the least.