Coinbase: Around The Block Crypto's Evolution
Nov 17, 2021
Brian Armstrong, co-founder and CEO of Coinbase, shares insights on the future of crypto and the evolution of Coinbase amid decentralization. He discusses bridging fiat to crypto and enhancing customer experience through DEX integrations and self-custody support. Armstrong reflects on the tension between Coinbase as a public company and Web3 governance, while envisioning innovative funding models and decentralized autonomous organizations. He highlights exciting trends like city DAOs and emphasizes the importance of community in building a sustainable crypto ecosystem.
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Coinbase As Bridge To Crypto
- Coinbase sees its role as a bridge to bring fiat money into the crypto economy and then help users participate in decentralized systems.
- The company will enable both centralized services and decentralized access for the long term.
Add DApp And Self-Custody Paths
- Integrate decentralized apps and self-custody into the Coinbase product so users can access DEXs and DApps easily.
- Support wallet transfers and in-app connections to third-party DApps to expand user capabilities.
Public Company Meets Crypto Governance
- There is tension between being a traditional public company and embracing crypto-native governance, but both can coexist.
- Brian wants registered security tokens and new legal paths to make tokenized capital formation mainstream.