Brian Armstrong
๐ค SpeakerAppearances Over Time
Podcast Appearances
So we did sue them, and we won.
So that was a contrarian view.
You know, I would say, actually, this market structure bill last week was another example of that, where I read through the draft text.
Our lawyers were looking at it.
And I said, this is wrong.
This would harm consumers in America.
To me, it's un-American and it's unethical for regulatory capture to happen.
I don't care how many bank lobbyists there are or whatever.
You can't come in and write a bill that enshrines the incumbent and creates an unlevel, tries to ban their competition.
I'm just not gonna stand for that.
I have zero tolerance and I'm gonna say it publicly.
And it pissed some people off, but I think it's gonna help us get to the right outcome on this bill and I feel that's the kind of leadership that I wanna exemplify in the world.
Well, I mean, if they don't have at least 5% of their net worth in Bitcoin, they're probably going to be pretty sad.
So I think the last 10 years, Bitcoin was the best performing asset class.
A lot of people missed out, but it's still early days.
I think just in general, we're going to see crypto update all kinds of financial services.
And even if people who don't really care anything about crypto, they don't even know what it is, they're going to benefit from it because they're going to say, oh, well, this is just I can earn more rewards on my money or I can get a loan for a cheaper rate or I can send money instantly to my family abroad in another country without paying 11 percent fees or I want to raise money to
build a real estate project or a film or whatever, a media company, and instead of paying, you know, 10, 11% to some firm to raise money for you, you can do it instantly on chain.
So I think that, yeah, that's where we'll be sitting in 10 years with a greatly improved, updated financial system, and I hope we get to play a role in creating that.
To the moon.