The Ledger
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Armstrong: The New York Times is a political propaganda arm
“In my view, the New York Times is more of like a political propaganda arm than it is doing any real journal, journalism at this point.”
Armstrong: Replace accredited investor wealth rules with financial literacy tests
“The accredited investor laws really need to get updated in this country. So for people who don't know what that is, you know, to trade in buy, invest in private companies, you have to become an accredited investor, which basically means you have a certain net …”
Armstrong: Clarity Act offers massive TAM expansion for Coinbase and crypto
“And you mentioned the Clarity Act. I mean, this would be another landmark piece of legislation that I think is a massive TAM expansion opportunity for Coinbase and for all of crypto. To have more of this built in the United States with clear rules.”
Armstrong: Long-term bullish on Bitcoin, expects $60K was the bottom
“Long term, I'm still super bullish on, on Bitcoin. I think that I'm hoping we hit the bottom at 60 K or so, and it seems to be trending back up now.”
Armstrong: AI companies engage in unhelpful fear-mongering and regulatory lobbying
“I think the AI companies They've been a little bit, Like, first, there's too much fear mongering, right? Like, this is going to take everyone's jobs, and you should come regulate us, and I don't think that's helpful or necessary.”