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Brian Armstrong

๐Ÿ‘ค Speaker
253 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

It's the longer-term trend that I think is interesting.

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

Well, you know, I don't like to make short-term predictions because who knows?

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

It's the market, you know, short-term voting machine, long-term weighing machine or whatever.

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

So I think...

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

I don't think people should be day trading unless you really want to do that.

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

I'm more of a buy and hold kind of guy for the long term.

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

And I think that the cool thing about Bitcoin is that it doesn't, unlike fiat currency, there's no money printer, right?

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

So the supply of it is fixed.

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

It's finite.

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

And so as more people integrate crypto and use crypto, there's more demand and finite supply.

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

That only means the price can go up.

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

That's why I said by 2030, I think it could hit a million dollars.

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

Yeah, so tokenization is kind of a buzzword right now, and it is really important as a trend, because the same thing that happened with stablecoins, where a dollar got tokenized, and now suddenly people all over the world can use it, and there's fast, cheap global payments.

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

The same thing is now happening in the equities market, and every kind of asset class, really, that people might want to invest in.

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

There's about 4 billion adults right now who are unbrokered.

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

Some people have heard about being unbanked.

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

There's also about 4 billion people who are unbrokered, meaning they don't have any way to invest in high-quality assets, whether that's American tech companies or the latest BlackRock or Apollo Fund or anything like that.

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

And so when you tokenize it, there's a bunch of efficiency gains, but it's also about just democratizing access.

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

And there's sort of like this balance between capital and labor, right?

Bloomberg Talks
Brian Armstrong Talks Future of Digital Assets

And for people who only make their income from labor, they're oftentimes left out of this wealth creation engine, which is the ability to invest some of their hard-earned money in high-quality assets.