LATEST: Coinbase CEO Proposes Bitcoin Reserves to Shape Global Economy

Brian Armstrong, CEO of Coinbase, has pushed for the establishment of Bitcoin strategic reserves by global leaders. In a recent blog, he highlighted cryptocurrencies as pivotal to the next stage of capitalism, urging the incorporation of digital assets into national economies by 2025. His vision includes creating crypto-friendly legislation and special economic zones to combat inflation and enhance government efficiency.

Coinbase, a leading US-based cryptocurrency exchange, has strengthened its political connections, investing heavily in the Fairshake political action committee and contributing to President-elect Donald Trump’s inauguration. Following a strategic meeting with Trump, Armstrong’s discussions possibly influenced US policy directions, reflecting his commitment to making Bitcoin a cornerstone of economic strategy.

As the digital economy becomes increasingly central to national security, the incoming Trump administration has shown interest in prioritizing cryptocurrency, including a potential national BTC reserve. This move aligns with Armstrong’s belief that Bitcoin will be as crucial as gold in the global market, potentially altering the balance of power among nations.

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