Brian Armstrong Tells WEF That Bitcoin Is a Better Form of Money Than Gold, Says Crypto Still in Infancy
Coinbase CEO Brian Armstrong said at the World Economic Forum in Davos that Bitcoin (BTC) is a better form of money than gold amid a “new era” for crypto.
In a clip shared on the social media platform X, Armstrong predicts that over time, governments will be forced to hold at least 1% of their reserves in BTC before inevitably buying even more.
“I think it’s clear at this point that Bitcoin is a better form of money than gold. It is provably scarce just like gold but it’s more portable and divisible. So you can actually – it has higher utility I would say. It’s the best-performing asset in ten years. So for a store of value, I think it’s going to be important for governments to hold this over time. It might…
