Coinbase CEO Brian Armstrong Advocates Bitcoin Over Gold at WEF

2025-12-27 00:46

Coinbase CEO Brian Armstrong asserted at the World Economic Forum in Davos that Bitcoin surpasses gold as a form of money, emphasizing its portability and divisibility. Armstrong proposed that governments might consider holding Bitcoin in reserves, potentially at a 1% allocation, and suggested it could eventually rival gold. He highlighted Bitcoin's scarcity and its performance as a store of value over the past decade. Armstrong's remarks have sparked discussions about a spot Bitcoin ETF, although no policy changes have been announced.

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