Why Bitcoin Will Take Over The World: Coinbase CEO Brian Armstrong | Uncommon Knowledge
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- Опубліковано 15 тра 2024
- Recorded on March 13, 2024.
Despite a tumultuous and volatile marketplace; scandals, arrests, and bankruptcies at rival digital exchanges; and social issues disrupting his own company, Coinbase CEO Brian Armstrong is a devout believer in digital currencies and the power of the blockchain. In this interview, Armstrong describes how he co-founded Coinbase, explains the basics of how digital currencies work, and responds to criticisms of cryptocurrency from Warren Buffet and others.
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The host did an incredible job showcasing both sides and engaging in fair debate with an open mind. Bravo
If anyone ha asked me the one subject that would never be discussed on Uncommon Knowledge, crypto would have headed the list. Peter Robinson is the best intellectual interviewer we have. He approaches this subject with the same skepticism people of my generation (I’m 64) expect. At the same time he injects an enthusiasm to be expected of our generation’s grandchildren. Well done, Peter.
You hit the nail on the head. This is exactly what I was thinking, and I'm Gen Z.
BTC is the hardest and most pure form of money humanity has ever discovered.
0.1 BTC is now worth 7,000 USD
I've had a Coinbase account for a few years, and knew of this guy just a little. But never heard him in depth. My respect for him has shot up big time. He's brilliant.
It’s cool watching people begin to understand bitcoin. I get to relive the excitement vicariously
Such a classy interviewing style. Articulate, polite, open…
I admire Brian's restraint. I could never be so diplomatic when talking about the Incompetent Congress or the Criminal Fed.
That is the reason why he is a CEO
Managers in corporations should stay out of politics, religion, etc. I love that Armstrong took a stance on that.
Bitcoin is not crypto. It’s Bitcoin and everything else. If you think Bitcoin is like any other crypto and that the words are interchangeable then you have lots of work ahead of you.
Your religion is kind of hilarious, and I’ve been in bitcoin for over a decade
The reason Bitcoin has value is that it’s a decentralized network with its own bearer asset, meaning that it’s a scarce and transmittable money that is backed by energy and user-run nodes. It’s the world’s most decentralized and immutable database, and allows people to bring their money with them globally and send it around the world at the speed of light in a non-custodial way
Coming over out of my Bitcoin bubble a bit to see these comments and my goodness.. reminds me just how early we are in this transition
Nice to see the Boomers and normies are finally getting some solid information on crypto. Well done Uncommon Knowledge. Better late than never.
The best interview I have seen in regard to Bitcoin. Fantastic conversation. It has left me so much more knowledgeable and confident in Bitcoin.
you should watch Robert Breedlove podcasts instead
BA seems like a very thoughtful guy. This interview is a win in my book.
You really have to respect the open mindedness from the interviewer
Outstanding choice for a guest. It's good to shake things up a bit.
Fix the money and you fix the world
Im in crypto since 2017, have a Coinbase account since, never really took time to listen to Brian....I'm impress
hats off to interviewer .. extremely difficult subject for non-technical person
A small correction, gold is not scarce. The amount available is only limited by the effort humans exert to mine it. As the price goes up, more and more gold will be mined. Not so with BTC, 21 million is all there is, no matter the price.
Who created bitcoin? Do you reeeeally think the gov/deep state don't know?
what a gracious host. He’s fantastic.
this is hilarious. "Pretend we have a functioning congress" lolz. sometimes this guy is the best part of the vid.
This is so good. The hoover institution tackling crypto is much needed.
Smart move Brian, wish more leaders have spine like you
It's the first time I have heard this interviewer. Excellent technique and want to hear more!
I would be interested in Tom Sowell's opinion on crypto
I'm willing to bet he's all for it.
lower your crazy fees Brian
This is American journalism at its finest. Five star interview - historic.Thank you! 👏🌟🌟🌟🌟🌟👏
When the guy said his 700 purchase went to 300 the next day. Brian should of said. Buy the dips
Armstrong is a hero!
Coinbase is the most important American company since Google.
Brilliant interview. Thank you!!
Peter Robinson, you are not onlyban extraordinary interviewer but also a great inspiration for those who also intend to be interviewers! Keep up.the good work!
Fantastic interview, Coinbase and the crypto market as a whole are just getting started
Didn't think I'd see Lex Luther on the show! All joking aside, he's definitely one of the good ones. He's shown spinal fortitude, and is working to make our world a better place, and preserve individual liberty and ability to self-determine, much respect!
Wow I never knew this about Brian Armstrong. Kick ass guy. 🤜🤛👍
What a master class of journalism! Well prepared for every detail for asking a question. Now I know about the timeline of Brian Armstrong work in Coinbase. Best quality of the interview. 💯🇱🇺🇱🇹👊
Wow. Best interview I’ve seen on this topic. Professional, transparent session. A rarity nowadays.
Get Michael saylor on to talk about Bitcoin!
Great interview! This is a valuable service for the boomer side of your audience. Brian is a Bitcoin hero and he does not scare normies away. Everyone can still protect their wealth with Bitcoin!
Watch your botcoin go to 0 btw it's not backed by anything n when the dollar goes to 0 bitcoin n all crypto go to 0. Smh didn't u go to school. Lol the professor
Hey, I know you! I haven't seen your videos in a long time - I'm gonna check out your podcast again after this. I love your enthusiasm!
Never thought I would listen to a podcast or interview through the Hoover Institution. Great interview.
🤔
this is probably one of the best interviews I have ever seen.
There’s hope. A brilliant young man.
I think of crypto as two categories:
1. Bitcoin
2. All other cryptocurrencies
Crazy. Didn't expect to see this topic on Uncommon Knowledge. Bravo. Bitcoin (not crypto) is the future!
This is why we Bitcoin....... ❤
Extremely great interview to send to an older person to get them away from hating/having no knowledge of crypto. Not very deep in any one subject, but perfect as an intro.
25:59 Leadership moment - clarity on the mission.👏
Great, simple, concise, sans prejudice interview! ❤
Congress should take the power to order the printing of money away from the Federal Reserve Bank. The market should set interest rates. If Congress decides to increase the money supply, let them pay the full political price.
As for Argentina, Peron was a full-fledged Facist.
I wish T. Sowell were sitting in. He’d remind us “there’s no solutions, only compromises” I daresay. But from Bitcoiners, all of whom know “not your keys, not your crypto”, I hope everyone notices that Mr Armstrong’s successful corporation is a massive bank-type institution - a middle man which Bitcoin was to circumvent. This point has limits. Of course: One cannot mine bitcoin easily any longer (the intended way to gain coins), so purchasing them is necessary. There are decentralized exchanges now, or soon (Better Than Money, eg), which allow individual exchanges of currencies. But Armstrong, in the end, was sneaky in his answer on freedom: his interests cannot, cannot possibly be those of the average bitcoin holder.
Dont be so cynical, it ridiculous, people need a way into the ecosystem and cb does a good job supporting it, as things evolve they will be more decentralized
Agreed but he's a huge icon in the crypto space and therefore pushes the crypto message to the masses. Love him or hate him he's doing work to spread Bitcoin throughout the world.
Holy sh*t. This was a fantastic listen.
It was terrible.
Great talk, I think this will be one that will be watched in 30 years time when the future are trying to understand the histoy crypto. Though at that stage, it may just be as common as cash is today. The talk has a James F Buckley vibe to it.
Very good interview, very professional
Excellent interview. Thank you.
Good morning. Forgive me if my tone comes off as crass, but at 2:00 Mr. Armstrong's...reply, is insufficient. Coinbase has been around more than long enough to not have the issues they have had for years.
I am sure his words will help people take their first steps into the world of digital assets, so I am grateful for that. But, I advise caution to all who listen to him. His stance leans toward "centralization" which goes against a better way forward for money. Those who favor centralization may as well stick with the current system that is failing us, today.
Pleas do your own research and ensure any decisions you make are as informed as possible. Take care, everyone.
I enjoyed every single minute of this! Thanks for the upload
Don’t interrupt the man with anecdotes. He was about to tell you about the fall of empires due to currency inflation and you stopped him. LISTEN.
Rome ended due to inflation because they stopped using gold the same with Spain France Amsterdam the Ukraine n the usa. The professor the only answer is gold
Amazing interview, lots of respect for Brian Armstrong!
Coinbase is one of our favorite companies from Y Combinator.
What a great podcast! 👏🏻 Thank you for organizing the interview 🙏🏻
What a great interview!!
Classy interview
A suggestion: Armstrong dances on the surface when answering why Bitcoin’s not become a payment vehicle. How’s this? - the Fed’s aim of (say) 2.3% jnflation is, among other things, a stimulus for folks to buy - turn your money (into investments or products), or it loses its value. Bitcoin is deflationary. It therefore destroys one’s motivation to spend. Big picture: Bitcoin’s structure destroys our economic model. It has ushered in a competing model in which holders hold. Period. That stasis of a currency is antithetical to our entire economy, and since we are the spending man, now, bitcoin is in a very big way antithetical to us, our very notions of ourselves.
That’s why we don’t spend it.
Great interview. Thank you
Its provably unique in the sense that only one bitcoin miner solves the puzzle first and is awarded the coin. And that result is logged into the block chain on all the miners across the world. If there is a tie then the longest chain gets the coin.
AFAIK
Very wonderful analogy
great Stuff, nice guy! 💪
They have been saying this for 10 years and I still can't even by groceries with bitcoin? Come on now
Great interview. Lots of good information
Love the information
Mr. Robinson is the best interviewer.
I am happy to see this topic covered. But I would have loved to see a discussion with a researcher or early advocate in the field, not a corporate CEO. A CEO is very limited in what they are allowed to say on camera. It makes for a very muted discussion.
He’s at the crossroads of key economic issues and and actual player in how the world evolves, and you want some academic? Bizarre
Yaaass what a sweet pairing Uncommon knowledge and Brian Armstrong
Interesting example of how a small number of vocal people can cause such disruption. 29:45
Good to see Coin CEO suing the SEC. He could have expressed his support to Ripple when they were going through the same with the SEC.
brilliant interview - yhank you
This was a great video. I've not watched many interviews with Brian aside from the CNBC clips. The man is clearly a very strong leader. I have no coinbase but I do have crypto. If I was to invest in a crypto stock it would be coinbase
I recorded one minute of Peter speaking about "bitcoin can fix it".
Thank you for sharing.
May your day BE filled with more thankfulness, encouragement and forward thinking today....
I have 5 BTC. I don't know how pay rent with BTC.
Good interview, well done
Tension stated mission of freedom vs fiduciary duty to investors - CEO great answer alignment 20:56 kudos!
Thank you for this boomer edition of btc today..
I'm 66, love crypto, and now thanks to this video I will have to learn to use Base.
This is life-changing for real... As for respecting Warren Buffett... how can I respect the largest donor to abortion-funding... not
very nice interview, host did a great job
Peter Robinson is the most inside the DC beltway guy I've listened to. And you know what, I love him for it.
Deflationary money 💰 Bitcoin is the best thing thats happened in financial history
amazing interview
dang, I wish I can like this video more than once!
Almost halfway through the interview. I hope he answers the elephant in the room:
The risk of the Feds freezing, or seizing the crypto held on the exchange.
Very well articulated for older generations. Which I believe, it is a primary target group of this interview. Good job.
I remember the SEC chairman, I can’t remember who he was, but they were suing some kid for doing whatever brokerage sell side brokerage firm does in America.
That’s a very unclear statement.
Great interview with Brian, looking forward to an interview with Richard Heart, It's probably 2-4 years away, but I'll just drop his name here and wait for the interview in a few years.. Crypto is going through big transformations, and it'll be more and more exciting as time goes on.
Lex Luther on the interview chair today
Very good point of view!!! 💯🇱🇺🇱🇹👊
This is interview has opened my eyes and made me so interested in investing into cryptocurrency
Study Bitcoin. Forget "crypto". Bitcoin only.
with in the a relative framework of improving financial transactions and getting everybody the basic knowledge needed to save more effectively. Its a good thing.
50:53 Important insights, the lens of those who lived through the depression is different. The best way ' to ensure the survival of USA' 53:25 - excellent focus.
Cryptography is MUCH older than WW2. There was the Caesar cypher 2000 years ago.