Coinbase CEO Recommends Crypto As US Debt Skyrockets
Coinbase CEO Brian Armstrong has recommended crypto-assets, once again, as the solution to economic woes, debt-monetization, and other problems facing the global economy. Armstrong Tweeted his endorsement for crypto-assets and went on to cite a report which projects that US national debt will increase to 98% of GDP by 2030.
He said, Millenials and Gen Z, who have grown up with the internet, are far more comfortable with the idea of digital currencies and tokenization of real-world assets than older investors.
Cryptocurrencies are getting wider adoption by the day and it has been predicted that if by 2030 you do not own a cryptocurrency (Bitcoin preferably) then you might not be existing anymore. The idea of cryptocurrency started with Bitcoin in 2008 and since then has been followed by multiple other cryptocurrencies ranging from Ripple, Ethereum, Dash, Cardano, Dogecoin, Akoin and others.