Have you ever gone on the internet and stumbled onto this combo of words, or perhaps non-words?: “Dogecoin.” “Shiba Inu.” “Hawkcoin.” “Bored Ape NFT.”
If that sounded like gibberish, don’t worry—we’ll explain. And also, time to start learning, because these terms come out of a new financial ecosystem—the world of crypto, a market that started 15 years ago and is now worth about $3.3 trillion.
This new world has caught the attention of none other than President Donald Trump. Since coming to office, Trump has appointed a crypto czar and floated the idea of a national crypto stockpile. And shortly Trump took office, he launched his own meme coin—as did Melania. Trump’s coin has reportedly generated $100 million in trading fees so far.
And to top it all off, Trump is taking calls from the biggest names in the business. One of whom is our guest today—Brian Armstrong. Brian is a 42-year-old San Jose native who changed the nature of commerce not only in America but all over the world. He co-founded a cryptocurrency platform called Coinbase in 2012. Now, it’s the largest crypto exchange in the US.
To some, he’s doing something as revolutionary as building rocket ships to Mars. To others, he’s growing an industry riddled with scammers, grifters, and criminals.
Armstrong says those stories are the sideshow and that Bitcoin—or perhaps another cryptocurrency—will prove itself to be as essential as the dollar.
Today on Honestly, Bari asks Brian why he thinks crypto is the way of the future, how he navigates eager regulators, why he’s been so politically active, how MAGA’s "America First" ethos gets along with the borderless, decentralized crypto zeitgeist, and if crypto is really as dangerous as some make it out to be.
We also talk about the DOGE, his recent meeting with Trump, and how he once stuck his neck out against the far-left mob.
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