RATE Group | Coinbase CEO Explains How Crypto Will Go from 50 Million to 5 Billion Users
81966
post-template-default,single,single-post,postid-81966,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Coinbase CEO Explains How Crypto Will Go from 50 Million to 5 Billion Users

06 Mar Coinbase CEO Explains How Crypto Will Go from 50 Million to 5 Billion Users

Posted at 16:26h in Cryptocurrency News by

[ad_1]

Brian Armstrong, the CEO of major cryptocurrency exchange Coinbase, explained what developments he believes will drive the growth of cryptocurrency’s’ user base.

In a series of tweets on March 4, Armstrong illustrated how the developments that resulted in the mass adoption of the internet are similar to the work that is currently being done on cryptocurrencies. While he admitted that it is not clear which blockchain “will help get crypto from ~50M users to 5B,” he predicted:

“The chain that manages to ship some of these scalability, privacy, decentralized identity, and developer tool solutions will have a big leg up.”

The similarities between crypto and the early internet

The inspiration behind the tweets was a recent chat Armstrong had with A16z co-founder Ben Horowitz about the parallels between the early internet and cryptocurrency. Horowitz was formerly a product manager at Netscape, the firm behind the eponymous web browser which had a market share of over 90% in the…

[ad_2]

Source link

Tags:
, , , , , , , ,