Will Bitcoin Win Crypto Adoption Race? Coinbase CEO Not Sure

There are elements that just might make crypto bigger this year, says Brian Armstrong, CEO of major crypto exchange Coinbase, but he’s not sure which blockchain will win the crypto adoption race in the more distant future. Bitcoiners are perplexed that the question was even asked, as to them the answer is obvious: Bitcoin.

Armstrong took to social media yesterday to give his opinion on the potential growth of crypto, as well as what may contribute to this development. A down stock market and interest rate cuts could lead to the growth in space in 2020, he argues, adding that it’s likely that the world’s governments will take to stimulating the economy in any possible way, including quantitative easing and expanding the money supply – that is to say, printing money, says the CEO.

“This may lead to a movement of funds into crypto, that are viewed as a hedge against inflation,” he says, and this “could be the year where…