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

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

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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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Пікірлер: 495

@ConorChepenik Ай бұрын

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

@a.s.clifton544 Ай бұрын

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 Ай бұрын

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

@EE-gy1kf Ай бұрын

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

@PatchedBandit Ай бұрын

0.1 BTC is now worth 7,000 USD

@madfish369 Ай бұрын

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.

@cheebug Ай бұрын

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

@NZEverydayInvestor Ай бұрын

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

@dbongo1 Ай бұрын

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

@chrisklaeffling1 Ай бұрын

That is the reason why he is a CEO

@jaredlopez2926 Ай бұрын

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

@JeDxDeVu Ай бұрын

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 Ай бұрын

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

@thorarthur66ddz Ай бұрын

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

@funkyseven19 Ай бұрын

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

@meinking22 Ай бұрын

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

@tonywright8342 Ай бұрын

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 Ай бұрын

you should watch Robert Breedlove podcasts instead

@glenw3814 Ай бұрын

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

@ninobach7456 Ай бұрын

You really have to respect the open mindedness from the interviewer

@WhiteCloud746 Ай бұрын

Outstanding choice for a guest. It's good to shake things up a bit.

@LeroyJamlArmstng Ай бұрын

Fix the money and you fix the world

@gilkennedy7638 Ай бұрын

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

@dd-ow6pe Ай бұрын

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

@stevewaterfield4862 Ай бұрын

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 Ай бұрын

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

@guitarsz Ай бұрын

what a gracious host. He’s fantastic.

@davidanalyst671 Ай бұрын

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

@aimhigh3701 Ай бұрын

This is so good. The hoover institution tackling crypto is much needed.

@padmajaerella9117 Ай бұрын

Smart move Brian, wish more leaders have spine like you

@7777maesteg Ай бұрын

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

@codrinvechiu2832 Ай бұрын

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

@joshholm1000 Ай бұрын

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

@SammyC27 Ай бұрын

lower your crazy fees Brian

@Web3WondersUS Ай бұрын

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

@fegerstein Ай бұрын

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

@DefiTraveler Ай бұрын

Armstrong is a hero!

@innermind23 Ай бұрын

Coinbase is the most important American company since Google.

@Arterium Ай бұрын

Brilliant interview. Thank you!!

@dominiqueluz5257 Ай бұрын

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!

@HellsMaw Ай бұрын

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

@Benjamin-fu5ij Ай бұрын

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!

@ronnw8153 Ай бұрын

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

@mariusrotterdam5212 Ай бұрын

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. 💯🇱🇺🇱🇹👊

@EdRobles1 22 күн бұрын

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

@TawBitcoin Ай бұрын

Get Michael saylor on to talk about Bitcoin!

@BitcoinMeister Ай бұрын

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 Ай бұрын

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 Ай бұрын

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!

@njreno1 Ай бұрын

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

@SaiDeLaRai Ай бұрын

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

@jfscars48 Ай бұрын

There’s hope. A brilliant young man.

@stevehalverson790 Ай бұрын

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

@trevorshakiba1329 Ай бұрын

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

@scepisle4970 Ай бұрын

This is why we Bitcoin....... ❤

@DueceBandit Ай бұрын

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 Ай бұрын

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

@cazalis Ай бұрын

Great, simple, concise, sans prejudice interview! ❤

@bobinindiana Ай бұрын

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.

@paulfrancis4227 Ай бұрын

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 Ай бұрын

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 Ай бұрын

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.

@f1sker_karma Ай бұрын

Holy sh*t. This was a fantastic listen.

@sharpenedge Ай бұрын

It was terrible.

@vanodyssey1659 Ай бұрын

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.

@sarasotafl Ай бұрын

Very good interview, very professional

@FollowEman Ай бұрын

Excellent interview. Thank you.

@BlockchainShango Ай бұрын

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.

@bufuCS Ай бұрын

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

@robertlee8042 Ай бұрын

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 Ай бұрын

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

@bjarnithors Ай бұрын

Amazing interview, lots of respect for Brian Armstrong!

@kakaocorporation Ай бұрын

Coinbase is one of our favorite companies from Y Combinator.

@agamemnonplatonis9019 Ай бұрын

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

@RedMcc Ай бұрын

What a great interview!!

@manuelamundaray299 Ай бұрын

Classy interview

@paulfrancis4227 Ай бұрын

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.

@S2G-yn3fl Ай бұрын

Great interview. Thank you

@nosuchthing8 Ай бұрын

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

@jerryearick4943 Ай бұрын

Very wonderful analogy

@kryptotrader4699 Ай бұрын

great Stuff, nice guy! 💪

@marcosquezada6430 Ай бұрын

They have been saying this for 10 years and I still can't even by groceries with bitcoin? Come on now

@CHrbn Ай бұрын

Great interview. Lots of good information

@gladyshernandez877 Ай бұрын

Love the information

@BradZook Ай бұрын

Mr. Robinson is the best interviewer.

@BofaDeezKnights Ай бұрын

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 Ай бұрын

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

@timkopp9763 Ай бұрын

Yaaass what a sweet pairing Uncommon knowledge and Brian Armstrong

@asdf09er Ай бұрын

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

@magcarl2000 Ай бұрын

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.

@richardvangreunen319 16 күн бұрын

brilliant interview - yhank you

@jordangaudio6729 Ай бұрын

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

@Marklodhi420 Ай бұрын

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

@PrevailPal Ай бұрын

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

@bidask123 Ай бұрын

I have 5 BTC. I don't know how pay rent with BTC.

@user-ex8rp7sd9v Ай бұрын

Good interview, well done

@Web3WondersUS Ай бұрын

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

@BKLevi Ай бұрын

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

@shahidarshad4531 Ай бұрын

very nice interview, host did a great job

@Kid_Ikaris 29 күн бұрын

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

@marklane870 Ай бұрын

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

@jonathanmebane3782 Ай бұрын

amazing interview

@urban.c Ай бұрын

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

@jeffpeterson4287 Ай бұрын

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.

@jakubkouo Ай бұрын

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

@robertlee8042 Ай бұрын

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 Ай бұрын

That’s a very unclear statement.

@mallred32 Ай бұрын

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.

@WHATISUTUBE Ай бұрын

Lex Luther on the interview chair today

@mariusrotterdam5212 Ай бұрын

Very good point of view!!! 💯🇱🇺🇱🇹👊

@hammamkemeh7574 Ай бұрын

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

@sharpenedge Ай бұрын

Study Bitcoin. Forget "crypto". Bitcoin only.

@markkeith9239 Ай бұрын

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 Ай бұрын

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.

@nosuchthing8 Ай бұрын

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