How Brian Armstrong built Coinbase | Challengers by Freethink

How Brian Armstrong built Coinbase | Brian Armstrong | Coinbase
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To bring about what he thought was crypto’s potential to create a “more fair, more free” financial system, the founder of Coinbase, Brian Armstrong, had to build something that’s never been built before: the bridge connecting the somewhat arcane and wonky world of cryptocurrency to everyday people.

Beyond being the world’s most valuable crypto company today, Coinbase is helping to shape the crypto economy writ large. Armstrong’s early mission to play ball with regulators has now put himself and Coinbase in a position to help regulators and governments navigate the crypto economy.

While cryptocurrency currently only makes up about 5% of the world’s money — and can prove volatile; who wants Elon Musk’s Twitter to impact their wallet? — Armstrong and other proponents see the chance to build new financial institutions that are more equitable and accessible, where people anywhere so long as they can get online, can get access to money.

A decentralized financial system could not be easily manipulated by a single country or company, and people around the world would be able to pay — and get paid — for things more easily. Being able to enter the global economy with the internet and a smartphone could be a democratizing force.

Read the full story here ►►https://www.freethink.com/series/chal...

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Read more of our stories on cryptocurrency:
Bitcoin is now ‘legal tender’ in El Salvador
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NFTs and crypto art, explained
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The future of cryptocurrency: reasons to be both optimistic and skeptical
►► https://www.freethink.com/technology/...

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