The CEO of crypto buying and selling large Coinbase says he’s holding heaps of Bitcoin (BTC) and believes the way forward for altcoins is brighter than ever.
Brian Armstrong tells enterprise capitalist Anthony Pompliano that BTC sparked a revolution in pc science and economics, making a model new business that continues to be in its early days.
“Bitcoin is what bought me enthusiastic about crypto within the first place. I maintain a ton of Bitcoin.
We already are on this world the place the crypto financial system is constructed off various totally different belongings and blockchains which have totally different functions, whether or not that’s to be gold, funds, safety contracts, or gaming.”
Armstrong says he expects gargantuan variety of official, alternate crypto belongings to emerge within the years to return.
“My guess is that we’ll finally be in a world the place there’s possibly dozens of blockchains, however tens of millions or billions of tokens, and you may think about all of the sorts of issues folks would use these for. There’s gonna be so many tokens, it’s going to be laborious to think about the place that ends.”
Armstrong says regardless that he holds BTC, which he says might be round without end because the “gold” of the business, Coinbase is neutral about which cash find yourself successful out.
“Coinbase has at all times been agnostic about which venture wins and which one doesn’t. We simply need to serve our prospects.”
Coinbase has added a protracted listing of altcoins to its platform this yr, together with the newest addition of the gaming non-fungible token (NFT) referred to as Journey Gold (AGLD).
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Featured Picture: Shutterstock/Tithi Luadthong
