

Coinbase CEO Brian Armstrong on bitcoin going to $1 million, electing a pro-crypto Congress, and Jamie Dimon
337 snips Aug 20, 2025
Brian Armstrong, the Co-founder and CEO of Coinbase, shares insights on the world of cryptocurrency, tackling everything from battling North Korean hackers to the massive potential of Bitcoin reaching $1 million. He discusses how banks are finally embracing crypto and the role of stablecoins in transforming global payments. Armstrong also emphasizes the importance of electing pro-crypto politicians to foster a supportive environment for innovation. His thoughts on integrating AI in coding present a fascinating view of the future of tech.
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Regulation As A Competitive Moat
- Coinbase won by pursuing regulatory credibility early and getting bank partnerships and money transmitter licenses.
- That allowed product launches others couldn't match and built customer trust during the Wild West era of crypto.
Do-or-Die Cold Storage Moment
- Early Coinbase nearly failed from hot-wallet risks and exploding user deposits that outpaced company cash.
- Engineers built a cold-storage solution in weeks to avert insolvency and save the company.
DPRK Threats Reshape Hiring And Ops
- North Korean-linked hacking is a persistent, large-scale threat to crypto companies.
- Coinbase responds with physical-presence checks, fingerprinting, and moving sensitive roles to the U.S. to raise deterrence.