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#307 – Brian Armstrong: Coinbase, Cryptocurrency, and Government Regulation
Lex Fridman Podcast
How Much Fun Magic Is Happening Off Chain Within Coinbase?
Coinbase is trying to encourage more and more of it to move decentralized over time. But I don't, the centralized things aren't going away for like a long time. It's a decade from now, there's going to be some big institution or pension fund or central bank that's like, all right, we got to hold crypto. And so both are important. We basically have a test of legality, right? We check, do we believe this is a security? If so, it can't be listed on Coinbase.
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