Coinbase CEO Compares Crypto to Netflix vs Blockbuster Inflection Point
– Coinbase CEO Brian Armstrong compares crypto’s current state to the 2000s Netflix vs Blockbuster inflection point, highlighting blockchain’s disruptive potential.
– He emphasizes early adoption advantages amid rising institutional interest and emerging U.S. regulatory clarity, urging education on blockchain and DeFi.
– The analogy frames crypto as a long-term innovation bet, aligning it with internet and AI revolutions to attract skeptical investors.
– Armstrong acknowledges market volatility risks while advocating proactive engagement, balancing speculative challenges with potential long-term gains.