Why Bitcoin Will Take Over The World: Coinbase CEO Brian Armstrong | Uncommon Knowledge

Поділитися
Вставка
  • Опубліковано 21 гру 2024

КОМЕНТАРІ • 505

  • @ConorChepenik
    @ConorChepenik 9 місяців тому +230

    The host did an incredible job showcasing both sides and engaging in fair debate with an open mind. Bravo

  • @a.s.clifton544
    @a.s.clifton544 9 місяців тому +588

    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.

    • @Benjamin-fu5ij
      @Benjamin-fu5ij 9 місяців тому +35

      You hit the nail on the head. This is exactly what I was thinking, and I'm Gen Z.

  • @NZEverydayInvestor
    @NZEverydayInvestor 9 місяців тому +145

    Such a classy interviewing style. Articulate, polite, open…

  • @madfish369
    @madfish369 9 місяців тому +156

    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.

  • @dbongo1
    @dbongo1 9 місяців тому +208

    I admire Brian's restraint. I could never be so diplomatic when talking about the Incompetent Congress or the Criminal Fed.

  • @jaredlopez2926
    @jaredlopez2926 9 місяців тому +72

    Managers in corporations should stay out of politics, religion, etc. I love that Armstrong took a stance on that.

  • @tonywright8342
    @tonywright8342 9 місяців тому +58

    The best interview I have seen in regard to Bitcoin. Fantastic conversation. It has left me so much more knowledgeable and confident in Bitcoin.

    • @shawnradke
      @shawnradke 9 місяців тому +8

      you should watch Robert Breedlove podcasts instead

  • @cheebug
    @cheebug 9 місяців тому +59

    It’s cool watching people begin to understand bitcoin. I get to relive the excitement vicariously

  • @EE-gy1kf
    @EE-gy1kf 9 місяців тому +511

    BTC is the hardest and most pure form of money humanity has ever discovered.

  • @meinking22
    @meinking22 9 місяців тому +85

    Nice to see the Boomers and normies are finally getting some solid information on crypto. Well done Uncommon Knowledge. Better late than never.

  • @funkyseven19
    @funkyseven19 9 місяців тому +249

    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

  • @thorarthur66ddz
    @thorarthur66ddz 9 місяців тому +210

    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

  • @glenw3814
    @glenw3814 9 місяців тому +34

    BA seems like a very thoughtful guy. This interview is a win in my book.

  • @PatchedBandit
    @PatchedBandit 9 місяців тому +101

    0.1 BTC is now worth 7,000 USD

  • @7777maesteg
    @7777maesteg 9 місяців тому +18

    It's the first time I have heard this interviewer. Excellent technique and want to hear more!

  • @gilkennedy7638
    @gilkennedy7638 9 місяців тому +29

    Im in crypto since 2017, have a Coinbase account since, never really took time to listen to Brian....I'm impress

  • @JeDxDeVu
    @JeDxDeVu 9 місяців тому +423

    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.

    • @lchpdmq
      @lchpdmq 9 місяців тому +69

      Your religion is kind of hilarious, and I’ve been in bitcoin for over a decade

  • @LeroyJamlArmstng
    @LeroyJamlArmstng 9 місяців тому +46

    Fix the money and you fix the world

  • @guitarsz
    @guitarsz 9 місяців тому +20

    what a gracious host. He’s fantastic.

  • @dd-ow6pe
    @dd-ow6pe 9 місяців тому +99

    hats off to interviewer .. extremely difficult subject for non-technical person

  • @padere917
    @padere917 9 місяців тому +18

    Smart move Brian, wish more leaders have spine like you

  • @codrinvechiu2832
    @codrinvechiu2832 9 місяців тому +70

    I would be interested in Tom Sowell's opinion on crypto

    • @joshholm1000
      @joshholm1000 9 місяців тому +25

      I'm willing to bet he's all for it.

  • @ninobach7456
    @ninobach7456 9 місяців тому +37

    You really have to respect the open mindedness from the interviewer

  • @davidanalyst671
    @davidanalyst671 9 місяців тому +71

    this is hilarious. "Pretend we have a functioning congress" lolz. sometimes this guy is the best part of the vid.

  • @HellsMaw
    @HellsMaw 9 місяців тому +11

    Fantastic interview, Coinbase and the crypto market as a whole are just getting started

  • @fegerstein
    @fegerstein 9 місяців тому +25

    When the guy said his 700 purchase went to 300 the next day. Brian should of said. Buy the dips

  • @DueceBandit
    @DueceBandit 9 місяців тому +8

    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.

  • @Web3WondersUS
    @Web3WondersUS 9 місяців тому +18

    This is American journalism at its finest. Five star interview - historic.Thank you! 👏🌟🌟🌟🌟🌟👏

  • @SammyC27
    @SammyC27 9 місяців тому +273

    lower your crazy fees Brian

  • @stevewaterfield4862
    @stevewaterfield4862 9 місяців тому +26

    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.

    • @dave9547
      @dave9547 9 місяців тому

      Who created bitcoin? Do you reeeeally think the gov/deep state don't know?

  • @dominiqueluzTV
    @dominiqueluzTV 8 місяців тому +6

    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!

  • @trevorshakiba1329
    @trevorshakiba1329 9 місяців тому +5

    Crazy. Didn't expect to see this topic on Uncommon Knowledge. Bravo. Bitcoin (not crypto) is the future!

  • @BitcoinMeister
    @BitcoinMeister 9 місяців тому +16

    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!

    • @TheTeaserking
      @TheTeaserking 9 місяців тому

      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

    • @fusion9619
      @fusion9619 9 місяців тому

      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!

  • @mariusrotterdam5212
    @mariusrotterdam5212 9 місяців тому +4

    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. 💯🇱🇺🇱🇹👊

  • @ronnw8153
    @ronnw8153 9 місяців тому +18

    Wow I never knew this about Brian Armstrong. Kick ass guy. 🤜🤛👍

  • @njreno1
    @njreno1 8 місяців тому +4

    Never thought I would listen to a podcast or interview through the Hoover Institution. Great interview.

  • @Benjamin-fu5ij
    @Benjamin-fu5ij 9 місяців тому +28

    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!

  • @innermind23
    @innermind23 9 місяців тому +37

    Coinbase is the most important American company since Google.

  • @vanodyssey1659
    @vanodyssey1659 9 місяців тому +8

    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.

  • @bobinindiana
    @bobinindiana 9 місяців тому +19

    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.

  • @jfscars48
    @jfscars48 9 місяців тому +7

    There’s hope. A brilliant young man.

  • @bufuCS
    @bufuCS 9 місяців тому +4

    I enjoyed every single minute of this! Thanks for the upload

  • @scepisle4970
    @scepisle4970 9 місяців тому +10

    This is why we Bitcoin....... ❤

  • @f1sker_karma
    @f1sker_karma 9 місяців тому +17

    Holy sh*t. This was a fantastic listen.

  • @TawBitcoin
    @TawBitcoin 9 місяців тому +21

    Get Michael saylor on to talk about Bitcoin!

  • @EdRobles1
    @EdRobles1 8 місяців тому +1

    Wow. Best interview I’ve seen on this topic. Professional, transparent session. A rarity nowadays.

  • @Web3WondersUS
    @Web3WondersUS 9 місяців тому +6

    25:59 Leadership moment - clarity on the mission.👏

  • @stevehalverson790
    @stevehalverson790 9 місяців тому +18

    I think of crypto as two categories:
    1. Bitcoin
    2. All other cryptocurrencies

  • @cazalis
    @cazalis 9 місяців тому +4

    Great, simple, concise, sans prejudice interview! ❤

  • @SaiDeLaRai
    @SaiDeLaRai 8 місяців тому +2

    🤔
    this is probably one of the best interviews I have ever seen.

  • @DefiTraveler
    @DefiTraveler 9 місяців тому +12

    Armstrong is a hero!

  • @paulfrancis4227
    @paulfrancis4227 9 місяців тому +37

    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.

  • @RedMcc
    @RedMcc 9 місяців тому +4

    What a great interview!!

  • @robertlee8042
    @robertlee8042 9 місяців тому +31

    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.

    • @TheTeaserking
      @TheTeaserking 9 місяців тому

      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

  • @FollowEman
    @FollowEman 9 місяців тому +4

    Excellent interview. Thank you.

  • @kakaocorporation
    @kakaocorporation 9 місяців тому +14

    Coinbase is one of our favorite companies from Y Combinator.

  • @ericlopez6866
    @ericlopez6866 9 місяців тому +7

    Bitcoin is the hardest money ever invented. And history has shown that hard money wins. And we are still extremely early. And please, don't say "crypto". It's Bitcoin, and everything else.

    • @sharpenedge
      @sharpenedge 8 місяців тому +1

      🙌 this. Study Bitcoin, not "crypto".

  • @bjarnithors
    @bjarnithors 8 місяців тому +1

    Amazing interview, lots of respect for Brian Armstrong!

  • @Angus1507
    @Angus1507 9 місяців тому +3

    I set up a Coinbase account in 2017. They terminated it in 2022 saying I’d broken some rules but wouldn’t detail what. I hadn’t done anything wrong in any way.

  • @kieron8051
    @kieron8051 4 місяці тому

    Brian comes across really well. Great to view this as a COIN share holder and BTC holder. The future is bright and Brian is the right man for taking COIN forward.
    Looking forward to Q2 results tomorrow.

  • @manuelamundaray299
    @manuelamundaray299 9 місяців тому +5

    Classy interview

  • @paulfrancis4227
    @paulfrancis4227 9 місяців тому +23

    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.

    • @lchpdmq
      @lchpdmq 9 місяців тому +11

      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

    • @joshholm1000
      @joshholm1000 9 місяців тому +10

      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.

  • @CHrbn
    @CHrbn 9 місяців тому +4

    Great interview. Lots of good information

  • @BlockchainShango
    @BlockchainShango 9 місяців тому +7

    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.

  • @asdf09er
    @asdf09er 9 місяців тому +6

    Interesting example of how a small number of vocal people can cause such disruption. 29:45

  • @nosuchthing8
    @nosuchthing8 9 місяців тому +4

    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

  • @agamemnonplatonis9019
    @agamemnonplatonis9019 9 місяців тому +3

    What a great podcast! 👏🏻 Thank you for organizing the interview 🙏🏻

  • @S2G-yn3fl
    @S2G-yn3fl 9 місяців тому +3

    Great interview. Thank you

  • @kryptotrader4699
    @kryptotrader4699 9 місяців тому +4

    great Stuff, nice guy! 💪

  • @gladyshernandez877
    @gladyshernandez877 9 місяців тому +4

    Love the information

  • @jerryearick4943
    @jerryearick4943 9 місяців тому +4

    Very wonderful analogy

  • @Azndave
    @Azndave 6 місяців тому +1

    excellent interview, Brian is a good human

  • @BradZook
    @BradZook 9 місяців тому +14

    Mr. Robinson is the best interviewer.

  • @timkopp9763
    @timkopp9763 9 місяців тому +5

    Yaaass what a sweet pairing Uncommon knowledge and Brian Armstrong

  • @Peaceandfree
    @Peaceandfree 9 місяців тому +1

    This is interview has opened my eyes and made me so interested in investing into cryptocurrency

    • @sharpenedge
      @sharpenedge 8 місяців тому

      Study Bitcoin. Forget "crypto". Bitcoin only.

  • @jordangaudio6729
    @jordangaudio6729 9 місяців тому +5

    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

  • @BofaDeezKnights
    @BofaDeezKnights 9 місяців тому +16

    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.

    • @lchpdmq
      @lchpdmq 9 місяців тому +3

      He’s at the crossroads of key economic issues and and actual player in how the world evolves, and you want some academic? Bizarre

  • @PrevailPal
    @PrevailPal 8 місяців тому +1

    Thank you for sharing.
    May your day BE filled with more thankfulness, encouragement and forward thinking today....

  • @mallred32
    @mallred32 9 місяців тому +1

    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.

  • @magcarl2000
    @magcarl2000 9 місяців тому +3

    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.

  • @jakubkouo
    @jakubkouo 8 місяців тому +3

    Very well articulated for older generations. Which I believe, it is a primary target group of this interview. Good job.

  • @VaticanToo
    @VaticanToo 9 місяців тому +2

    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.

  • @marklane870
    @marklane870 9 місяців тому +2

    Deflationary money 💰 Bitcoin is the best thing thats happened in financial history

  • @urban.c
    @urban.c 8 місяців тому +2

    dang, I wish I can like this video more than once!

  • @Kid_Ikaris
    @Kid_Ikaris 8 місяців тому

    Peter Robinson is the most inside the DC beltway guy I've listened to. And you know what, I love him for it.

  • @shanepannell227
    @shanepannell227 9 місяців тому +2

    Epic interview

    • @sharpenedge
      @sharpenedge 8 місяців тому

      Terrible interview. Brian runs a casino, and the interviewer naively confuses "crypto" with Bitcoin.

  • @whatThaWho
    @whatThaWho 6 місяців тому +2

    I ❤ when people say Bitcoin has no real value because you can’t buy anything with it. Then you ask them when the last time they saw someone buy gas or a cup of coffee using gold, silver, palladium, or artwork. Bitcoin is an immutable store of value. To use Bitcoin to buy groceries would be the wrong utility.

  • @robertlee8042
    @robertlee8042 9 місяців тому +4

    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.

    • @darbyheavey406
      @darbyheavey406 9 місяців тому +2

      That’s a very unclear statement.

  • @markkeith9239
    @markkeith9239 9 місяців тому +1

    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.

  • @Web3WondersUS
    @Web3WondersUS 9 місяців тому

    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.

  • @fomusorogers4506
    @fomusorogers4506 8 місяців тому +1

    both of them are masters in their field of work

  • @BKLevi
    @BKLevi 9 місяців тому +3

    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

  • @richierichest10810
    @richierichest10810 7 місяців тому

    brilliant interview - yhank you

  • @Web3WondersUS
    @Web3WondersUS 9 місяців тому

    Tension stated mission of freedom vs fiduciary duty to investors - CEO great answer alignment 20:56 kudos!

  • @shahidarshad4531
    @shahidarshad4531 8 місяців тому

    very nice interview, host did a great job

  • @mariusrotterdam5212
    @mariusrotterdam5212 9 місяців тому

    Very good point of view!!! 💯🇱🇺🇱🇹👊

  • @allwallsdrywallandconstruction
    @allwallsdrywallandconstruction 8 місяців тому +2

    Brian very class act

  • @nosuchthing8
    @nosuchthing8 9 місяців тому +2

    Cryptography is MUCH older than WW2. There was the Caesar cypher 2000 years ago.

  • @Marklodhi420
    @Marklodhi420 9 місяців тому +7

    I recorded one minute of Peter speaking about "bitcoin can fix it".

  • @philipgrombliniak5651
    @philipgrombliniak5651 9 місяців тому +6

    Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.

    • @bradleywellington8624
      @bradleywellington8624 9 місяців тому

      I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.

    • @alexlucas7264
      @alexlucas7264 9 місяців тому

      I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.

    • @AndersonFreitas-n1x
      @AndersonFreitas-n1x 9 місяців тому

      I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.

    • @godfreypercy5190
      @godfreypercy5190 9 місяців тому

      How
      ..? Am a newbie in crypto investment, please can you guide me through on how you made profit?