Coinbase CEO Brian Armstrong challenged skepticism earlier today toward Bitcoin from the head of France’s central bank during a World Economic Forum panel in Davos.

Armstrong took a public stand on stage arguing that the asset’s lack of centralized control makes it more independent than traditional monetary authorities.

The exchange unfolded after Banque de France Governor François Villeroy de Galhau questioned Bitcoin’s credibility, saying he places more trust in independent central banks with democratic mandates than in what he described as “private issuers” of Bitcoin. 

Armstrong pushed back, emphasizing that BTC has no issuer at all. He described it as a…

Read more on BitcoinMagazine