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Brian Armstrong Predicts That Upcoming Financial Crisis Will Lead to Mainstream Crypto Adoption

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Wed, 15/08/2018 - 15:50
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Brian Armstrong Predicts That Upcoming Financial Crisis Will Lead to Mainstream Crypto Adoption
Cover image via U.Today
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During a recent Bloomberg interview, Coinbase’s Brian Armstrong weighed in on the future of crypto, claiming that mass adoption of cryptocurrencies will happen if a few years when a lot of countries are going to face harsh economic conditions.

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Armstrong states that plenty of developed countries are already hopping on the crypto train and moving closer to introducing a regulatory framework.

When asked about Warren Buffett’s infamous ‘rat poison squared’ remark, the Coinbase CEO responded that it is much harder to find crypto skeptics than it was three years ago. He also calls ICOs an important innovation for crowdfunding but admits that there are some quality issues along with the legal uncertainty.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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