Coinbase CEO Brian Armstrong said at the World Economic Forum in Davos that Bitcoin (BTC) is a better form of money than gold amid a “new era” for crypto.
In a clip shared on the social media platform X, Armstrong predicts that over time, governments will be forced to hold at least 1% of their reserves in BTC before inevitably buying even more.
“I think it’s clear at this point that Bitcoin is a better form of money than gold. It is provably scarce just like gold but it’s more portable and divisible. So you can actually – it has higher utility I would say. It’s the best-performing asset in ten years. So for a store of value, I think it’s going to be important
Trending: Elon Musk Eliminates Elizabeth Warren’s IRS Direct File Team
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!