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Armstrong: Bad socialist policies collapsed Argentina from top 10 to 100th richest economy

Brian Armstrong · Brian Armstrong: When Washington Tried to Kill Coinbase · Mar 1, 2026 · at 31:18

Coinbase co-founder and CEO Brian Armstrong describes how living in Argentina and observing its economic decay influenced his worldview prior to founding Coinbase.

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“And then over a period of like a hundred years of bad economic policy, of essentially like socialist policies of them, the government, like stealing wealth from the people. Well, claiming to help them. It's now like the 100th richest economy in the world. It went from like top 10 to hundreds.”

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