In a Twitter thread on Thursday, Armstrong pointed out some of the biggest benefits of cryptocurrencies like Bitcoin (BTC), stressing that crypto is “simply providing an alternative for people who want more freedom.”
The CEO emphasized that one’s stance on the crypto industry depends on a perspective, elaborating that people who want more control from financial regulators are free to enjoy the traditional fiat system. But crypto is a “much-needed breath of fresh air” for those who believe that government solutions are often “inefficient, overpromise or underdeliver,” Armstrong noted.
Armstrong went on to say that traditional investment tools are usually associated with a lack of opportunities for smaller investors, referring to restrictions like accredited investor laws:
“Accredited investor laws are a good example. They were created with the best of intentions, to protect regular people