Bitcoin to Surpass Gold in Government Reserves? Coinbase CEO Explains Why
In the video titled "Bitcoin to Surpass Gold in Government Reserves? Coinbase CEO Explains Why," Coinbase CEO Brian Armstrong advocates for Bitcoin's inclusion in government reserves, emphasizing its superiority over gold. He highlights Bitcoin's decentralized nature, scarcity, divisibility, and portability as key advantages. Armstrong predicts that Bitcoin's market capitalization, currently around $2 trillion, will surpass gold's estimated $18 trillion within the next five to ten years. He urges governments to allocate approximately 11% of their reserves to Bitcoin, suggesting that early adoption could lead to significant benefits as other nations follow suit. Armstrong also offers Coinbase's assistance to any government interested in exploring this initiative.
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