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

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Wed, 08/15/2018 - 15:50
Alex Dovbnya
Coinbase’s Brian Armstrong weighed in future of crypto, claiming that mass adoption of crypto will be when a lot of countries are going to face harsh economic conditions
Cover image via U.Today

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.

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.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

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