Coinbase founder and CEO Brian Armstrong is optimistic about the future of crypto assets despite the current market downturn.
In a recent Coinbase first-quarter earnings call, Armstrong says the crypto economy will balloon to about 15% of the global gross domestic product (GDP) over the coming 20 years.
“In my mind, this is a little bit like the early days of the Internet, where you saw the birth of e-commerce in the late ’90s or early 2000s, and now fast forward 20 years, e-commerce, I think, is something like 15% of global GDP.
And I think if you fast forward 20 years from here, the crypto economy is going to represent probably a large portion like that, 15% of global GDP.”
Armstrong says that