Brian Armstrong Warns: Bitcoin Could Become Global Reserve Amid U.S. Economic Crisis
In light of potential U.S. debt defaults, Brian Armstrong, CEO of Coinbase, warns that Bitcoin may evolve into a global reserve currency if the U.S. fails to act decisively. With the national debt exceeding 36 trillion and a concerning 122 percent debt-to-GDP ratio, the pressure mounts on policymakers to address rising costs and political impasses as the August 2025 ceiling deadline approaches. Armstrong’s remarks underscore the pivotal role Bitcoin could play in safeguarding wealth during times of economic turmoil, emphasizing the cryptocurrency’s rising significance in the global financial ecosystem.