Brian Armstrong

And so we believe that stable coins and crypto wallets are going to be the default payment mechanism.

of AI agents and we've actually built some really cool tools that people have now started to integrate.

So eventually I think AI agents are gonna make more transactions every day than humans.

Yeah, we've launched a prototype of an app or a feature, beta feature, I should say, called Coinbase Advisor.

And it does help people do these kinds of services that are typically available only to high net worth clients, right?

You can say, you know, tax loss harvesting and rebalance my portfolio and notify me if the market goes down and there's some good opportunities.

And so we do have an AI agent service that people can use for that now.

Yeah, well, so it's part of our everything exchange vision.

We think everything should be tradable, but prediction markets are this really important new emerging category.

So I'd say prediction markets, there's a few parts to it.

So some of it, frankly, is people betting on these outcomes in sporting games and things like that.

Okay, that's one thing.

The more intellectually interesting part of it to me is that people are also betting on what's going to happen in the next week or two, almost as an alternative to traditional media.

Sorry, not to create a competitive thing here.

And they're trying to, so it could be on a political election, it could be what are interest rates gonna be next quarter, it could be is the Suez Canal gonna be reopened, because I need to understand if I can put my ships through there as a multinational.

And so people are just trying to figure out what is true, or what is gonna happen in the future.

And what we've found is that there's much higher signal when people have to put skin in the game with real money.

So I think that prediction markets are potentially an alternative to traditional media in some way.

The other crazy idea that could emerge here is that I think policy legislators will use it to understand what policy could be best.

So for instance, if there's three proposals and you wanna see which one is going to lower unemployment the most, you can actually put those proposals out where if they are enacted and this happens, you could get a payout.