Simply Bitcoin

Why Central Banks are TERRIFIED of Bitcoin! | Beyond Bitcoin

Jan 28, 2026
Brian Armstrong, CEO of Coinbase and prominent Bitcoin advocate, appears via a Davos debate clip. He argues Bitcoin could check deficit spending and even form a 'Bitcoin standard.' The conversation covers central bank reactions, sovereignty versus private money, banking profit threats, transparency concerns, and how institutions are moving toward custody and credit solutions.
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INSIGHT

Laughter Reveals Institutional Fear

  • Central bankers laughed at Bitcoin because powerful systems mock what they don't understand, not what's irrelevant.
  • That reaction reveals fear of a system that threatens control, transparency, and monetary monopoly.
ANECDOTE

Davos Debate Exposes Tensions

  • Brian Armstrong debated Francois Villeroy de Galhau at Davos and challenged central-bank assumptions about money.
  • The exchange highlighted tensions between sovereign monetary control and decentralized Bitcoin.
INSIGHT

Bitcoin As A Return To Sound Money

  • Leaving the gold standard enabled permanent deficits and inflation through fractional-reserve banking.
  • Bitcoin offers a competing monetary system that resists debasement via fixed supply.
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