Coinbase CEO Brian Armstrong on US Debt: Will Bitcoin Become the Backup Currency?
With the U.S. national debt surpassing $36.9 trillion, Coinbase CEO Brian Armstrong shared his thoughts on financial sustainability during an online discussion. He warned that if government spending continues to exceed earnings, Bitcoin could gain prominence as a global backup currency. Armstrong’s remarks resonate with a broader audience, emphasizing the potential role of Bitcoin in future economic frameworks. Crypto enthusiasts and investors should consider these insights as they think about the future of digital currencies amid economic challenges.