Coinbase CEO on W.H. Digital Assets Summit: President Trump Has Breathed Life into This Industry

EXCERPT:

ARMSTRONG: “Yeah, well, this is really a sea change for our industry. And President Trump has really breathed life back into this industry, and it’s already having a positive effect in America. For instance, Coinbase is planning to hire over 1,000 people right here in the United States due to the resurgence of this industry, and so it’s already leading to American prosperity. Now, he announced last night that there’s an executive order to create a strategic Bitcoin reserve. This is incredibly exciting because the U.S. leading on this front I think is going to cause the rest of the G20 to take notice and think about Bitcoin as a successor to gold. It is a — it’s a new gold standard. It’s more efficient. Government should hold a strategic reserve of Bitcoin, in my opinion. And so, the U.S. is now on offense, it’s leading, and I think the rest of the world is going to follow.”