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Brian Armstrong Says Mining Next 1 Million Bitcoin Will Take Over 100 Years, Coinbase CEO Hails BTC As ‘Decentralized, Inflation-Proof’

Over A Century To Go

Armstrong took note of the feat, pointing out that only 1 million BTC remain to be mined, which would take over 100 years.

“Decentralized, inflation-proof, global money,” Coinbase’s top executive heaped praise on the $1 trillion-plus asset.

Armstrong, one of Bitcoin’s most vocal advocates, predicted it would hit $1 million by 2030.

Bitcoin’s Tokenomics To Work In Its Favor?

Armstrong’s remarks come after the 20 millionth bitcoin entered into circulation via block 940,073, as highlighted by Jameson Lopp, Chief Security Officer at self-custody platform firm Casa

The fixed limit was embedded in Bitcoin’s design by its pseudonymous creator, Satoshi Nakamoto, in…

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