Brian Armstrong, co-founder and CEO of Coinbase, discusses his decision to train as a long-term executive rather than stepping aside for a professional CEO.
“For me, I actually want to be a CEO, run a business, have it be enormous, like, I'd like to run a public company someday”
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More from Brian Armstrong
PredictionNot checkable as stated
Armstrong: Nearly every startup will integrate cryptocurrency within ten years
“And now, you know, I think the same thing is going to happen with cryptocurrency where in five or 10 years, pretty much every startup that gets created, it's going to use the internet, it's going to use AI, and it's also going to use some form of cryptocurrenc…”
Brian ArmstrongOct 9, 2020▶ 24:35"Crypto Startup School" Documentary
PredictionNot checkable as stated
Armstrong: One billion people will use open finance within 20 years
“There's a billion people using the open financial system on a daily basis, and, you know, I think that could be done in five years, like, without a lot of hard work, it could be 10 years, 20 years.”
Brian ArmstrongJan 2, 2019▶ 14:01a16z Podcast | Building Crypto, from Vision to Reality
Opinion
Armstrong: Every investor should own one Bitcoin to learn about cryptocurrency
“Should every investor own maybe one Bitcoin? Yes, I think they should. And the reason is not so much as an investment. It's to start learning about this technology Which will be a major influence on finance in the future.”
Brian ArmstrongJan 2, 2019▶ 2:11a16z Podcast | Bitcoin, Greece, and What’s Next for Cryptocurrency
PredictionHeld up
Armstrong: Bitcoin-native applications will create multi-billion dollar companies
“So, these are very small today, but I think in the future some of these will end up being many multi-billion dollar companies and systems.”
Brian ArmstrongJan 2, 2019▶ 7:19a16z Podcast | Bitcoin, Greece, and What’s Next for Cryptocurrency
PredictionNot checkable as stated
Armstrong: Bitcoin will be the sole currency used on the blockchain
“I think Bitcoin will be the currency that, that everyone ends up using on the blockchain, and they probably don't quite understand what they're saying when they say that.”
Brian ArmstrongJan 2, 2019▶ 14:02a16z Podcast | Bitcoin, Greece, and What’s Next for Cryptocurrency
PredictionNot checkable as stated
Armstrong: Bitcoin usage will invert to 80% payments and 20% speculation
“And I think over time what'll happen is that those two percentages will shift. The 80% will end up becoming the 20% speculative asset, and it'll be 80% payment network actually happening.”
Brian ArmstrongJan 2, 2019▶ 14:55a16z Podcast | Bitcoin, Greece, and What’s Next for Cryptocurrency
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