Brian Armstrong, CEO of one of the most popular cryptocurrency exchanges, Coinbase, said what he thinks about the future of the company. Armstrong goes on to argue that he wants the company to be something like the New York Stock Exchange, but on the international stage.
At TechCrunchDisrupt, which took place in San Francisco, Brian Armstrong shared his thoughts on how he sees the future of Coinbase. Armstrong repeatedly mentioned that Coinbase is currently the most popular exchange in the United States. The CEO is confident that Coinbase will be the best investment alternative for years to come.
Armstrong stated:
“It's important that every front-line company should have its own token. Every open source project, potentially every foundation, or these new types of decentralized organizations and applications, they will all have their own tokens. We want to be a "bridge" in the world of cryptocurrencies. "
Coinbase's biggest problem is regulation
These plans suggest Coinbase will increase its list of supported digital currencies. Currently, Armstrong's main focus is the cryptocurrency regulatory situation in the United States. Despite the rules, the exchange will continue to evolve. The company has just acquired Keystone Capital to expand its reach in the Blockchain-powered securities market.
Armstrong assured:
“We feel that securities will be a significant subset of these tokens. Our approach has always been the most reliable and easiest to use. Therefore, we want to be a legally valid place where you can start trading these tokens, which are classified as securities. Web 1.0 was about publishing information, Web 2.0 was about interoperability, and 3.0 was about communicating value on the Internet. ”
Armstrong ended his conversation by showing his positive outlook on the future, not just at Coinbase, but the entire cryptocurrency ecosystem. He believes that the number of people involved in the cryptosphere could reach 1 billion in just five years!
Recall that the Winklevoss twins talked about the launch of the first regulated token supported by the US dollar - GUSD, on the same day Paxos announced the launch of its stablecoin - whose token will win?
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