Coinbase CEO Brian Armstrong has strongly refuted the notion that cryptocurrency is only accessible to the wealthy or institutional investors, emphasizing its inclusivity for all income levels. He stated that individuals can begin participating in the digital economy with just a few dollars and an internet connection, using fractional ownership on exchanges to buy portions of major cryptocurrencies like Bitcoin and Ethereum without needing to purchase full coins.
Armstrong highlighted that fewer than one million Bitcoin addresses hold a full coin, making complete ownership rare, and explained that platforms like Coinbase support fractional buying, similar to owning stock shares. He addressed concerns that high prices—such as Bitcoin trading above $110,000—deter newcomers, noting that this perception is misguided and that "it's never too late" to enter the crypto space.
He also underscored the role of decentralized finance (DeFi) in enhancing financial inclusion, particularly for the billions globally who lack bank access. DeFi systems enable affordable lending, borrowing, and saving, empowering users in underbanked regions to achieve financial independence. Armstrong pointed out that Coinbase is developing user-friendly tools to simplify crypto management, including DEX trading and lending services, aiming to make digital assets feel as natural as using the internet.
Regarding regulations, Armstrong cited the GENIUS Act in the U.S. and MiCA in the EU as key frameworks boosting crypto legitimacy and stability. He noted that traditional banks, such as JPMorgan Chase and Goldman Sachs, are increasingly partnering with crypto platforms, signaling broader adoption. Additionally, Armstrong predicted that Bitcoin could reach $1 million by 2030 due to limited supply and rising institutional demand, but stressed that the core value lies in giving people control over their finances, aligning with Coinbase's mission to provide equal financial access worldwide.
BNB
SOL
USDC
FIL
XTZ
NEAR