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CEO of Coinbase, Says Fiat Will Be ‘Funny Money’ as US Debt Looks at $31.4 Trillion by 2030
Summary: Coinbase CEO, Brian Armstrong, believes government currency will soon be regarded as "funny money” as the debt continues to rise (Twitter). He believes crypto is seen as real money that cannot be tampered, while in the meantime we should question our livelihood on currency that can be manipulated without us knowing. Armstrong believes the debt ...
Coinbase CEO, Brian Armstrong, believes government currency will soon be regarded as "funny money” as the debt continues to rise (Twitter). He believes crypto is seen as real money that cannot be tampered, while in the meantime we should question our livelihood on currency that can be manipulated without us knowing.
Armstrong believes the debt can hurt the economy over time and increase interest for foreign debt holders and hurt U.S. households. The CEO states it is a matter of time that the younger generation will soon realize the US dollar can be worsen in value and be seen as, "funny money."
By Claudia Rivera
Tags: Bitcoin,Brian Armstrong,Coinbase,Federal Reserve,Repo Market
Link: CEO of Coinbase, Says Fiat Will Be ‘Funny Money’ as US Debt Looks at $31.4 Trillion by 2030 [Copy]
