Coinbase CEO Brian Armstrong Says, “Bitcoin Could Be the Reserve Currency of the World.”
In a bold statement reflecting growing confidence in cryptocurrency, Coinbase CEO Brian Armstrong recently said that “Bitcoin could be the reserve currency of the world.” This remark underscores Armstrong’s long-standing belief in the transformative power of digital assets and the decentralization of global finance.
During a recent appearance at a fintech summit, Armstrong highlighted Bitcoin’s unique attributes—its fixed supply, decentralized nature, and resistance to censorship—as factors that make it an ideal candidate for a global reserve currency. He argued that while fiat currencies are subject to inflation and political manipulation, Bitcoin offers transparency and predictability.
“We’ve never had a currency that’s not controlled by any single government, that’s open to anyone with internet access, and that operates on a global scale 24/7,” Armstrong said. “That changes the game.”
The idea of Bitcoin as a global reserve currency is still controversial. Critics cite volatility, limited scalability, and energy consumption as major roadblocks. However, Armstrong countered by pointing to ongoing improvements in the Bitcoin ecosystem, including layer-2 scaling solutions and increasing institutional adoption.
Armstrong also emphasized the role platforms like Coinbase play in bridging traditional finance and decentralized assets. “We’re just at the beginning,” he noted. “As more people around the world lose trust in their national currencies, they will turn to alternatives—and Bitcoin is at the top of that list.”
While Bitcoin replacing the U.S. dollar as the world’s reserve currency remains speculative, Armstrong’s comments reflect a growing narrative among crypto leaders: that digital assets are no longer fringe ideas, but contenders for reshaping the global financial system.
Whether or not Bitcoin fulfills this vision, Armstrong’s statement adds to the intensifying debate over the future of money—and the role cryptocurrency will play in it.
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