Coinbase CEO Brian Armstrong Makes Big Crypto Prediction
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"We want all the companies in the world to integrate into cryptocurrencies. It is like saying that we want all companies to have an Internet presence or to use the internet in some way. Even if they’re not an internet business, they’re going to have a home page or maybe get new customers online or take payments."
Further in the interview, he stated that, according to him, Big Tech would have a crucial role in crypto. He said some industry giants like Meta and BlackRock have connected with Coinbase, which shows how companies can successfully execute transactions with customers, which will be encouraging for the future.
When it comes to the crypto winter that has affected the market since late last year, the tech entrepreneur believes it will end by mid-2023. He stated that companies are no strangers to recessions in this economic climate, but the companies would recover in time.
Coinbase Focuses On Long-Term Objectives
Armstrong emphasized that Coinbase is focused on long-term goals instead of changing price charts. He remarked,
"We have this internal saying that I like to repeat a lot, which is - It is never as good as it seems. It is never as bad as it seems."
Consequently, he said, Coinbase's success stems from the fact that it is not unaffected by short-term market fluctuations.
"If we don't get distracted and keep building great products, we're going to do fine over the next five or 10 years."
In conclusion, the CEO said he is pleased by how expanded staking has improved the crypto space, particularly projects like Ethereum (ETH), Polygon (MATIC), Optimism (OP), and Solana (SOL).
