Brian Armstrong
π€ SpeakerAppearances Over Time
Podcast Appearances
And so Stablecoins kind of became the new meta and
Maybe, you know, Bitcoin with its inflation type trade that people have done in the past got a little less exciting in this environment where it felt like, OK, maybe we're going to grow our way out of this and the inflation won't be so bad.
Now, I think these are all short term effects.
I think Bitcoin is the new digital gold.
I think it's
going to be a key part of our economy going forward into the future.
So I'm as bullish as ever.
I think sometimes people look at these four-year cycles that Bitcoin goes through as well, where you can kind of see the percentage of people who have made money versus not.
And my instinct is we probably have bottomed at this point, maybe at the $60K number.
But nobody can say for sure, of course.
I'm optimistic as always.
I think by 2030, we're going to have a much higher, higher price.
And I'm long Bitcoin, just like always.
Salim?
Yeah, I think that that thesis will still play out.
It just took longer than most people, probably including myself, thought, right?
I kind of already think of Bitcoin as digital gold.
It's the thing you might hold in times of uncertainty, just like you would with gold in the past.
I think that most of the capital, I don't know, maybe like 30% of the capital treats it like that.
And there are people who go and buy Bitcoin when they're worried about inflation of the dollar and things like that.