5min chapter

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#307 – Brian Armstrong: Coinbase, Cryptocurrency, and Government Regulation

Lex Fridman Podcast

CHAPTER

Coinbase

I feel like China will drive a lot of this either in response or directly. I think the rule goal, I'm not paying as close attention to the financial systems, but I think they're trying to tie it to gold once again. So that's an interesting, maybe it'll be one of the more authoritarian regime that will switch to Bitcoin standard first. But I hope that's not the case. Because if for any innovation, we have to wait, sorry to say, for the older folk to pass away. That's not an efficient way to make change.

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