Why Bitcoin Will Take Over The World: Coinbase CEO Brian Armstrong | Uncommon Knowledge
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- เผยแพร่เมื่อ 14 พ.ค. 2024
- Recorded on March 13, 2024.
Despite a tumultuous and volatile marketplace; scandals, arrests, and bankruptcies at rival digital exchanges; and social issues disrupting his own company, Coinbase CEO Brian Armstrong is a devout believer in digital currencies and the power of the blockchain. In this interview, Armstrong describes how he co-founded Coinbase, explains the basics of how digital currencies work, and responds to criticisms of cryptocurrency from Warren Buffet and others.
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The host did an incredible job showcasing both sides and engaging in fair debate with an open mind. Bravo
If anyone ha asked me the one subject that would never be discussed on Uncommon Knowledge, crypto would have headed the list. Peter Robinson is the best intellectual interviewer we have. He approaches this subject with the same skepticism people of my generation (I’m 64) expect. At the same time he injects an enthusiasm to be expected of our generation’s grandchildren. Well done, Peter.
You hit the nail on the head. This is exactly what I was thinking, and I'm Gen Z.
Such a classy interviewing style. Articulate, polite, open…
0.1 BTC is now worth 7,000 USD
I've had a Coinbase account for a few years, and knew of this guy just a little. But never heard him in depth. My respect for him has shot up big time. He's brilliant.
I admire Brian's restraint. I could never be so diplomatic when talking about the Incompetent Congress or the Criminal Fed.
That is the reason why he is a CEO
It’s cool watching people begin to understand bitcoin. I get to relive the excitement vicariously
Managers in corporations should stay out of politics, religion, etc. I love that Armstrong took a stance on that.
BTC is the hardest and most pure form of money humanity has ever discovered.
The reason Bitcoin has value is that it’s a decentralized network with its own bearer asset, meaning that it’s a scarce and transmittable money that is backed by energy and user-run nodes. It’s the world’s most decentralized and immutable database, and allows people to bring their money with them globally and send it around the world at the speed of light in a non-custodial way
Bitcoin is not crypto. It’s Bitcoin and everything else. If you think Bitcoin is like any other crypto and that the words are interchangeable then you have lots of work ahead of you.
Your religion is kind of hilarious, and I’ve been in bitcoin for over a decade
Coming over out of my Bitcoin bubble a bit to see these comments and my goodness.. reminds me just how early we are in this transition
The best interview I have seen in regard to Bitcoin. Fantastic conversation. It has left me so much more knowledgeable and confident in Bitcoin.
you should watch Robert Breedlove podcasts instead
Nice to see the Boomers and normies are finally getting some solid information on crypto. Well done Uncommon Knowledge. Better late than never.
Outstanding choice for a guest. It's good to shake things up a bit.
Fix the money and you fix the world
You really have to respect the open mindedness from the interviewer
BA seems like a very thoughtful guy. This interview is a win in my book.
hats off to interviewer .. extremely difficult subject for non-technical person
this is hilarious. "Pretend we have a functioning congress" lolz. sometimes this guy is the best part of the vid.
Im in crypto since 2017, have a Coinbase account since, never really took time to listen to Brian....I'm impress
This is so good. The hoover institution tackling crypto is much needed.
what a gracious host. He’s fantastic.
It's the first time I have heard this interviewer. Excellent technique and want to hear more!
Smart move Brian, wish more leaders have spine like you
A small correction, gold is not scarce. The amount available is only limited by the effort humans exert to mine it. As the price goes up, more and more gold will be mined. Not so with BTC, 21 million is all there is, no matter the price.
Who created bitcoin? Do you reeeeally think the gov/deep state don't know?
I would be interested in Tom Sowell's opinion on crypto
I'm willing to bet he's all for it.
Coinbase is the most important American company since Google.
This is American journalism at its finest. Five star interview - historic.Thank you! 👏🌟🌟🌟🌟🌟👏
When the guy said his 700 purchase went to 300 the next day. Brian should of said. Buy the dips
Armstrong is a hero!
lower your crazy fees Brian
Brilliant interview. Thank you!!
Fantastic interview, Coinbase and the crypto market as a whole are just getting started
Wow I never knew this about Brian Armstrong. Kick ass guy. 🤜🤛👍
Peter Robinson, you are not onlyban extraordinary interviewer but also a great inspiration for those who also intend to be interviewers! Keep up.the good work!
Get Michael saylor on to talk about Bitcoin!
There’s hope. A brilliant young man.
What a master class of journalism! Well prepared for every detail for asking a question. Now I know about the timeline of Brian Armstrong work in Coinbase. Best quality of the interview. 💯🇱🇺🇱🇹👊
This is why we Bitcoin....... ❤
Wow. Best interview I’ve seen on this topic. Professional, transparent session. A rarity nowadays.
Great, simple, concise, sans prejudice interview! ❤
🤔
this is probably one of the best interviews I have ever seen.
Never thought I would listen to a podcast or interview through the Hoover Institution. Great interview.
Holy sh*t. This was a fantastic listen.
It was terrible.
Extremely great interview to send to an older person to get them away from hating/having no knowledge of crypto. Not very deep in any one subject, but perfect as an intro.
Congress should take the power to order the printing of money away from the Federal Reserve Bank. The market should set interest rates. If Congress decides to increase the money supply, let them pay the full political price.
As for Argentina, Peron was a full-fledged Facist.
Crazy. Didn't expect to see this topic on Uncommon Knowledge. Bravo. Bitcoin (not crypto) is the future!
Didn't think I'd see Lex Luther on the show! All joking aside, he's definitely one of the good ones. He's shown spinal fortitude, and is working to make our world a better place, and preserve individual liberty and ability to self-determine, much respect!
I enjoyed every single minute of this! Thanks for the upload
25:59 Leadership moment - clarity on the mission.👏
Great talk, I think this will be one that will be watched in 30 years time when the future are trying to understand the histoy crypto. Though at that stage, it may just be as common as cash is today. The talk has a James F Buckley vibe to it.
I think of crypto as two categories:
1. Bitcoin
2. All other cryptocurrencies
Very good interview, very professional
Excellent interview. Thank you.
Great interview! This is a valuable service for the boomer side of your audience. Brian is a Bitcoin hero and he does not scare normies away. Everyone can still protect their wealth with Bitcoin!
Watch your botcoin go to 0 btw it's not backed by anything n when the dollar goes to 0 bitcoin n all crypto go to 0. Smh didn't u go to school. Lol the professor
Hey, I know you! I haven't seen your videos in a long time - I'm gonna check out your podcast again after this. I love your enthusiasm!
Great interview. Thank you
Great interview. Lots of good information
What a great interview!!
Classy interview
Love the information
Amazing interview, lots of respect for Brian Armstrong!
Coinbase is one of our favorite companies from Y Combinator.
Very wonderful analogy
great Stuff, nice guy! 💪
Tension stated mission of freedom vs fiduciary duty to investors - CEO great answer alignment 20:56 kudos!
I wish T. Sowell were sitting in. He’d remind us “there’s no solutions, only compromises” I daresay. But from Bitcoiners, all of whom know “not your keys, not your crypto”, I hope everyone notices that Mr Armstrong’s successful corporation is a massive bank-type institution - a middle man which Bitcoin was to circumvent. This point has limits. Of course: One cannot mine bitcoin easily any longer (the intended way to gain coins), so purchasing them is necessary. There are decentralized exchanges now, or soon (Better Than Money, eg), which allow individual exchanges of currencies. But Armstrong, in the end, was sneaky in his answer on freedom: his interests cannot, cannot possibly be those of the average bitcoin holder.
Dont be so cynical, it ridiculous, people need a way into the ecosystem and cb does a good job supporting it, as things evolve they will be more decentralized
Agreed but he's a huge icon in the crypto space and therefore pushes the crypto message to the masses. Love him or hate him he's doing work to spread Bitcoin throughout the world.
Thank you for sharing.
May your day BE filled with more thankfulness, encouragement and forward thinking today....
brilliant interview - yhank you
Yaaass what a sweet pairing Uncommon knowledge and Brian Armstrong
Good morning. Forgive me if my tone comes off as crass, but at 2:00 Mr. Armstrong's...reply, is insufficient. Coinbase has been around more than long enough to not have the issues they have had for years.
I am sure his words will help people take their first steps into the world of digital assets, so I am grateful for that. But, I advise caution to all who listen to him. His stance leans toward "centralization" which goes against a better way forward for money. Those who favor centralization may as well stick with the current system that is failing us, today.
Pleas do your own research and ensure any decisions you make are as informed as possible. Take care, everyone.
with in the a relative framework of improving financial transactions and getting everybody the basic knowledge needed to save more effectively. Its a good thing.
Good interview, well done
They have been saying this for 10 years and I still can't even by groceries with bitcoin? Come on now
dang, I wish I can like this video more than once!
Very good point of view!!! 💯🇱🇺🇱🇹👊
Interesting example of how a small number of vocal people can cause such disruption. 29:45
Don’t interrupt the man with anecdotes. He was about to tell you about the fall of empires due to currency inflation and you stopped him. LISTEN.
Rome ended due to inflation because they stopped using gold the same with Spain France Amsterdam the Ukraine n the usa. The professor the only answer is gold
very nice interview, host did a great job
Its provably unique in the sense that only one bitcoin miner solves the puzzle first and is awarded the coin. And that result is logged into the block chain on all the miners across the world. If there is a tie then the longest chain gets the coin.
AFAIK
amazing interview
50:53 Important insights, the lens of those who lived through the depression is different. The best way ' to ensure the survival of USA' 53:25 - excellent focus.
What a great podcast! 👏🏻 Thank you for organizing the interview 🙏🏻
Peter Robinson is the most inside the DC beltway guy I've listened to. And you know what, I love him for it.
Great interview with Brian, looking forward to an interview with Richard Heart, It's probably 2-4 years away, but I'll just drop his name here and wait for the interview in a few years.. Crypto is going through big transformations, and it'll be more and more exciting as time goes on.
Deflationary money 💰 Bitcoin is the best thing thats happened in financial history
Thank goodness.
Well done Gents
What a master piece
A suggestion: Armstrong dances on the surface when answering why Bitcoin’s not become a payment vehicle. How’s this? - the Fed’s aim of (say) 2.3% jnflation is, among other things, a stimulus for folks to buy - turn your money (into investments or products), or it loses its value. Bitcoin is deflationary. It therefore destroys one’s motivation to spend. Big picture: Bitcoin’s structure destroys our economic model. It has ushered in a competing model in which holders hold. Period. That stasis of a currency is antithetical to our entire economy, and since we are the spending man, now, bitcoin is in a very big way antithetical to us, our very notions of ourselves.
That’s why we don’t spend it.
Problems and solutions cancel each other out. If you don't have a solution, you STILL have a problem. If you do have a solution and just aren't aware of it, then you've lost contact with the reality of your surroundings....that problem is just in your head. Naturally my pre existing mental maps must compete for attention inside me and relevance outside of me. The more maps (years I've lived and learned), often the higher the stack of prior mental maps I need to plow through to arrive at an objective, current, accurate evaluation of each new map I encounter as I traverse an ever-changing terrain.
This is interview has opened my eyes and made me so interested in investing into cryptocurrency
Study Bitcoin. Forget "crypto". Bitcoin only.
Good to see Coin CEO suing the SEC. He could have expressed his support to Ripple when they were going through the same with the SEC.
I am happy to see this topic covered. But I would have loved to see a discussion with a researcher or early advocate in the field, not a corporate CEO. A CEO is very limited in what they are allowed to say on camera. It makes for a very muted discussion.
He’s at the crossroads of key economic issues and and actual player in how the world evolves, and you want some academic? Bizarre
Reef chain is built with upgradability and long-term sustainable on-chain governance in mind.
Investigating Block Sailor BLOCK is like setting off on an adventure filled with possibilities.
Epic interview
Terrible interview. Brian runs a casino, and the interviewer naively confuses "crypto" with Bitcoin.
both of them are masters in their field of work
Great interview by both. I think a question a lot of us have, is if the power goes out, what happens then. Understand it's a system of exchange and secure digital assets. But after witnessing Canada and other parts of the world where the government has seized assets for the simple act of protesting against policy... Wouldn't gold or cash hidden reserves be safer? We had a natural disaster here in New Zealand last year. Cash was the only way to get LPG to cook and heat and retailers couldn't accept card payment because there was no power for the terminals...
I see the world moving to crypto, but my concern is if we don't have a system of exchange or money we will become slaves.
I recorded one minute of Peter speaking about "bitcoin can fix it".