3min chapter

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

Lex Fridman Podcast

CHAPTER

Privacy Preserving Cryptocurrencies - Is That Possible?

Coinbase is a regulated financial service business. We have various, um, licenses to do that. Part of those licenses requires us to have a quote reasonable program to monitor for suspicious activity. There are privacy preserving coins like Zcash which have something called a view key. I think the world would be a better place if there were more privacy coins because it's kind of like the internet when it first came online.

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