Why Bitcoin Will Take Over The World: Coinbase CEO Brian Armstrong | Uncommon Knowledge
Переглядів 496,864
День томуRecorded on March 13, 2024.
Despite a tumultuous and volatile marketplace; scandals, arrests, and bankruptcies at rival digital exchanges; and social issues disrupting his own company, Coinbase CEO Brian Armstrong is a devout believer in digital currencies and the power of the blockchain. In this interview, Armstrong describes how he co-founded Coinbase, explains the basics of how digital currencies work, and responds to criticisms of cryptocurrency from Warren Buffet and others.
For further information:
www.hoover.org/publications/u...
Interested in exclusive Uncommon Knowledge content? Check out Uncommon Knowledge on social media!
Facebook: / uncknowledge
Twitter: / uncknowledge
Instagram: / uncommon_knowledge_show
MyHoover, a new way to stay up to date and follow your favorite Hoover content! Sign up here: hvr.co/3RnLBxp
The opinions expressed on this channel are those of the authors and do not necessarily reflect the opinions of the Hoover Institution or Stanford University.
© 2024 by the Board of Trustees of Leland Stanford Junior University.
@a.s.clifton544 Місяць тому
If anyone ha asked me the one subject that would never be discussed on Uncommon Knowledge, crypto would have headed the list. Peter Robinson is the best intellectual interviewer we have. He approaches this subject with the same skepticism people of my generation (I’m 64) expect. At the same time he injects an enthusiasm to be expected of our generation’s grandchildren. Well done, Peter.
@Benjamin-fu5ij Місяць тому
You hit the nail on the head. This is exactly what I was thinking, and I'm Gen Z.
@ConorChepenik Місяць тому
The host did an incredible job showcasing both sides and engaging in fair debate with an open mind. Bravo
@NZEverydayInvestor Місяць тому
Such a classy interviewing style. Articulate, polite, open…
@madfish369 Місяць тому
I've had a Coinbase account for a few years, and knew of this guy just a little. But never heard him in depth. My respect for him has shot up big time. He's brilliant.
@dbongo1 Місяць тому
I admire Brian's restraint. I could never be so diplomatic when talking about the Incompetent Congress or the Criminal Fed.
@chrisklaeffling1 Місяць тому
That is the reason why he is a CEO
@cheebug Місяць тому
It’s cool watching people begin to understand bitcoin. I get to relive the excitement vicariously
@EE-gy1kf Місяць тому
BTC is the hardest and most pure form of money humanity has ever discovered.
@PatchedBandit Місяць тому
0.1 BTC is now worth 7,000 USD
@thorarthur66ddz Місяць тому
The reason Bitcoin has value is that it’s a decentralized network with its own bearer asset, meaning that it’s a scarce and transmittable money that is backed by energy and user-run nodes. It’s the world’s most decentralized and immutable database, and allows people to bring their money with them globally and send it around the world at the speed of light in a non-custodial way
@jaredlopez2926 Місяць тому
Managers in corporations should stay out of politics, religion, etc. I love that Armstrong took a stance on that.
@tonywright8342 Місяць тому
The best interview I have seen in regard to Bitcoin. Fantastic conversation. It has left me so much more knowledgeable and confident in Bitcoin.
@shawnradke Місяць тому
you should watch Robert Breedlove podcasts instead
@funkyseven19 Місяць тому
Coming over out of my Bitcoin bubble a bit to see these comments and my goodness.. reminds me just how early we are in this transition
@JeDxDeVu Місяць тому
Bitcoin is not crypto. It’s Bitcoin and everything else. If you think Bitcoin is like any other crypto and that the words are interchangeable then you have lots of work ahead of you.
@lchpdmq Місяць тому
Your religion is kind of hilarious, and I’ve been in bitcoin for over a decade
@meinking22 Місяць тому
Nice to see the Boomers and normies are finally getting some solid information on crypto. Well done Uncommon Knowledge. Better late than never.
@WhiteCloud746 Місяць тому
Outstanding choice for a guest. It's good to shake things up a bit.
@ninobach7456 Місяць тому
You really have to respect the open mindedness from the interviewer
@aimhigh3701 Місяць тому
This is so good. The hoover institution tackling crypto is much needed.
@glenw3814 Місяць тому
BA seems like a very thoughtful guy. This interview is a win in my book.
@LeroyJamlArmstng Місяць тому
Fix the money and you fix the world
@gilkennedy7638 Місяць тому
Im in crypto since 2017, have a Coinbase account since, never really took time to listen to Brian....I'm impress
@guitarsz Місяць тому
what a gracious host. He’s fantastic.
@7777maesteg Місяць тому
It's the first time I have heard this interviewer. Excellent technique and want to hear more!
@dd-ow6pe Місяць тому
hats off to interviewer .. extremely difficult subject for non-technical person
@davidanalyst671 Місяць тому
this is hilarious. "Pretend we have a functioning congress" lolz. sometimes this guy is the best part of the vid.
@codrinvechiu2832 Місяць тому
I would be interested in Tom Sowell's opinion on crypto
@joshholm1000 Місяць тому
I'm willing to bet he's all for it.
@padmajaerella9117 Місяць тому
Smart move Brian, wish more leaders have spine like you
@Web3WondersUS Місяць тому
This is American journalism at its finest. Five star interview - historic.Thank you! 👏🌟🌟🌟🌟🌟👏
@stevewaterfield4862 Місяць тому
A small correction, gold is not scarce. The amount available is only limited by the effort humans exert to mine it. As the price goes up, more and more gold will be mined. Not so with BTC, 21 million is all there is, no matter the price.
@dave9547 Місяць тому
Who created bitcoin? Do you reeeeally think the gov/deep state don't know?
@DefiTraveler Місяць тому
Armstrong is a hero!
@Arterium Місяць тому
Brilliant interview. Thank you!!
@innermind23 Місяць тому
Coinbase is the most important American company since Google.
@ronnw8153 Місяць тому
Wow I never knew this about Brian Armstrong. Kick ass guy. 🤜🤛👍
@fegerstein Місяць тому
When the guy said his 700 purchase went to 300 the next day. Brian should of said. Buy the dips
@SammyC27 Місяць тому
lower your crazy fees Brian
@HellsMaw Місяць тому
Fantastic interview, Coinbase and the crypto market as a whole are just getting started
@Benjamin-fu5ij Місяць тому
Didn't think I'd see Lex Luther on the show! All joking aside, he's definitely one of the good ones. He's shown spinal fortitude, and is working to make our world a better place, and preserve individual liberty and ability to self-determine, much respect!
@mariusrotterdam5212 Місяць тому
What a master class of journalism! Well prepared for every detail for asking a question. Now I know about the timeline of Brian Armstrong work in Coinbase. Best quality of the interview. 💯🇱🇺🇱🇹👊
@emailsender7139 Місяць тому
Excellent interview. Armstrong and Coinbase have been my go to since I started investing in the sector. The government has issues with crypto because they can not fully control it.
@jfscars48 Місяць тому
There’s hope. A brilliant young man.
@dominiqueluz5257 26 днів тому
Peter Robinson, you are not onlyban extraordinary interviewer but also a great inspiration for those who also intend to be interviewers! Keep up.the good work!
@scepisle4970 Місяць тому
This is why we Bitcoin....... ❤
@njreno1 Місяць тому
Never thought I would listen to a podcast or interview through the Hoover Institution. Great interview.
@trevorshakiba1329 Місяць тому
Crazy. Didn't expect to see this topic on Uncommon Knowledge. Bravo. Bitcoin (not crypto) is the future!
@EdRobles1 3 дні тому
Wow. Best interview I’ve seen on this topic. Professional, transparent session. A rarity nowadays.
@TawBitcoin Місяць тому
Get Michael saylor on to talk about Bitcoin!
@DueceBandit Місяць тому
Extremely great interview to send to an older person to get them away from hating/having no knowledge of crypto. Not very deep in any one subject, but perfect as an intro.
@cazalis Місяць тому
Great, simple, concise, sans prejudice interview! ❤
@Web3WondersUS Місяць тому
25:59 Leadership moment - clarity on the mission.👏
@sarasotafl Місяць тому
Very good interview, very professional
@FollowEman Місяць тому
Excellent interview. Thank you.
@f1sker_karma Місяць тому
Holy sh*t. This was a fantastic listen.
@sharpenedge 29 днів тому
It was terrible.
@vanodyssey1659 Місяць тому
Great talk, I think this will be one that will be watched in 30 years time when the future are trying to understand the histoy crypto. Though at that stage, it may just be as common as cash is today. The talk has a James F Buckley vibe to it.
@bufuCS Місяць тому
I enjoyed every single minute of this! Thanks for the upload
@SaiDeLaRai 10 днів тому
🤔 this is probably one of the best interviews I have ever seen.
@BlockchainShango Місяць тому
Good morning. Forgive me if my tone comes off as crass, but at 2:00 Mr. Armstrong's...reply, is insufficient. Coinbase has been around more than long enough to not have the issues they have had for years. I am sure his words will help people take their first steps into the world of digital assets, so I am grateful for that. But, I advise caution to all who listen to him. His stance leans toward "centralization" which goes against a better way forward for money. Those who favor centralization may as well stick with the current system that is failing us, today. Pleas do your own research and ensure any decisions you make are as informed as possible. Take care, everyone.
@stevehalverson790 Місяць тому
I think of crypto as two categories: 1. Bitcoin 2. All other cryptocurrencies
@paulfrancis4227 Місяць тому
I wish T. Sowell were sitting in. He’d remind us “there’s no solutions, only compromises” I daresay. But from Bitcoiners, all of whom know “not your keys, not your crypto”, I hope everyone notices that Mr Armstrong’s successful corporation is a massive bank-type institution - a middle man which Bitcoin was to circumvent. This point has limits. Of course: One cannot mine bitcoin easily any longer (the intended way to gain coins), so purchasing them is necessary. There are decentralized exchanges now, or soon (Better Than Money, eg), which allow individual exchanges of currencies. But Armstrong, in the end, was sneaky in his answer on freedom: his interests cannot, cannot possibly be those of the average bitcoin holder.
@lchpdmq Місяць тому
Dont be so cynical, it ridiculous, people need a way into the ecosystem and cb does a good job supporting it, as things evolve they will be more decentralized
@joshholm1000 Місяць тому
Agreed but he's a huge icon in the crypto space and therefore pushes the crypto message to the masses. Love him or hate him he's doing work to spread Bitcoin throughout the world.
@RedMcc Місяць тому
What a great interview!!
@manuelamundaray299 Місяць тому
Classy interview
@bobinindiana Місяць тому
Congress should take the power to order the printing of money away from the Federal Reserve Bank. The market should set interest rates. If Congress decides to increase the money supply, let them pay the full political price. As for Argentina, Peron was a full-fledged Facist.
@jerryearick4943 Місяць тому
Very wonderful analogy
@kakaocorporation Місяць тому
Coinbase is one of our favorite companies from Y Combinator.
@Kid_Ikaris 9 днів тому
Peter Robinson is the most inside the DC beltway guy I've listened to. And you know what, I love him for it.
@BitcoinMeister Місяць тому
Great interview! This is a valuable service for the boomer side of your audience. Brian is a Bitcoin hero and he does not scare normies away. Everyone can still protect their wealth with Bitcoin!
@TheTeaserking Місяць тому
Watch your botcoin go to 0 btw it's not backed by anything n when the dollar goes to 0 bitcoin n all crypto go to 0. Smh didn't u go to school. Lol the professor
@fusion9619 Місяць тому
Hey, I know you! I haven't seen your videos in a long time - I'm gonna check out your podcast again after this. I love your enthusiasm!
@marcosquezada6430 Місяць тому
They have been saying this for 10 years and I still can't even by groceries with bitcoin? Come on now
@robertlee8042 Місяць тому
Don’t interrupt the man with anecdotes. He was about to tell you about the fall of empires due to currency inflation and you stopped him. LISTEN.
@TheTeaserking Місяць тому
Rome ended due to inflation because they stopped using gold the same with Spain France Amsterdam the Ukraine n the usa. The professor the only answer is gold
@gladyshernandez877 Місяць тому
Love the information
@S2G-yn3fl Місяць тому
Great interview. Thank you
@CHrbn Місяць тому
Great interview. Lots of good information
@bjarnithors 15 днів тому
Amazing interview, lots of respect for Brian Armstrong!
@BofaDeezKnights Місяць тому
I am happy to see this topic covered. But I would have loved to see a discussion with a researcher or early advocate in the field, not a corporate CEO. A CEO is very limited in what they are allowed to say on camera. It makes for a very muted discussion.
@lchpdmq Місяць тому
He’s at the crossroads of key economic issues and and actual player in how the world evolves, and you want some academic? Bizarre
@magcarl2000 Місяць тому
Good to see Coin CEO suing the SEC. He could have expressed his support to Ripple when they were going through the same with the SEC.
@timkopp9763 Місяць тому
Yaaass what a sweet pairing Uncommon knowledge and Brian Armstrong
@marklane870 Місяць тому
Deflationary money 💰 Bitcoin is the best thing thats happened in financial history
@asdf09er Місяць тому
Interesting example of how a small number of vocal people can cause such disruption. 29:45
@PrevailPal 17 днів тому
Thank you for sharing. May your day BE filled with more thankfulness, encouragement and forward thinking today....
@kryptotrader4699 Місяць тому
great Stuff, nice guy! 💪
@hammamkemeh7574 Місяць тому
This is interview has opened my eyes and made me so interested in investing into cryptocurrency
@sharpenedge 29 днів тому
Study Bitcoin. Forget "crypto". Bitcoin only.
@paulfrancis4227 Місяць тому
A suggestion: Armstrong dances on the surface when answering why Bitcoin’s not become a payment vehicle. How’s this? - the Fed’s aim of (say) 2.3% jnflation is, among other things, a stimulus for folks to buy - turn your money (into investments or products), or it loses its value. Bitcoin is deflationary. It therefore destroys one’s motivation to spend. Big picture: Bitcoin’s structure destroys our economic model. It has ushered in a competing model in which holders hold. Period. That stasis of a currency is antithetical to our entire economy, and since we are the spending man, now, bitcoin is in a very big way antithetical to us, our very notions of ourselves. That’s why we don’t spend it.
@user-dg5yp9jj8j Місяць тому
Block Sailor BLOCK has a fascinating concept. eager to continue my exploration.
@Web3WondersUS Місяць тому
Tension stated mission of freedom vs fiduciary duty to investors - CEO great answer alignment 20:56 kudos!
@nosuchthing8 Місяць тому
Its provably unique in the sense that only one bitcoin miner solves the puzzle first and is awarded the coin. And that result is logged into the block chain on all the miners across the world. If there is a tie then the longest chain gets the coin. AFAIK
@user-ex8rp7sd9v Місяць тому
Good interview, well done
@fomusorogers4506 8 днів тому
both of them are masters in their field of work
@agamemnonplatonis9019 Місяць тому
What a great podcast! 👏🏻 Thank you for organizing the interview 🙏🏻
@user-um1lh5uk3m Місяць тому
"No man can serve two masters."
@mallred32 Місяць тому
Great interview with Brian, looking forward to an interview with Richard Heart, It's probably 2-4 years away, but I'll just drop his name here and wait for the interview in a few years.. Crypto is going through big transformations, and it'll be more and more exciting as time goes on.
@jeffpeterson4287 Місяць тому
Almost halfway through the interview. I hope he answers the elephant in the room: The risk of the Feds freezing, or seizing the crypto held on the exchange.
@Marklodhi420 Місяць тому
I recorded one minute of Peter speaking about "bitcoin can fix it".
@jonathanmebane3782 17 днів тому
amazing interview
@markkeith9239 Місяць тому
with in the a relative framework of improving financial transactions and getting everybody the basic knowledge needed to save more effectively. Its a good thing.
@Web3WondersUS Місяць тому
50:53 Important insights, the lens of those who lived through the depression is different. The best way ' to ensure the survival of USA' 53:25 - excellent focus.
@shanepannell227 Місяць тому
Epic interview
@sharpenedge 29 днів тому
Terrible interview. Brian runs a casino, and the interviewer naively confuses "crypto" with Bitcoin.
@Andersonray665 Місяць тому
Well explain thank you for bringing up this video Financial education is indeed required for more than 80% of the society in the country as very few are literate on the subject. Thanks Pamela pearl for her helpful guides
@urban.c Місяць тому
dang, I wish I can like this video more than once!
@BKLevi Місяць тому
Thank you for this boomer edition of btc today.. I'm 66, love crypto, and now thanks to this video I will have to learn to use Base. This is life-changing for real... As for respecting Warren Buffett... how can I respect the largest donor to abortion-funding... not
@copperpot5462 Місяць тому
If for nothing else, he deserves recognition simply for standing up to the "agenda"
@sharpenedge 29 днів тому
But he's not! He's trying to capitalize on people's ignorance to enrich himself and help introduce a spy-coin digital dollar. Study Bitcoin, not "crypto". "Crypto" is dangerous.
@shahidarshad4531 Місяць тому
very nice interview, host did a great job
@robertlee8042 Місяць тому
I remember the SEC chairman, I can’t remember who he was, but they were suing some kid for doing whatever brokerage sell side brokerage firm does in America.
@darbyheavey406 Місяць тому
That’s a very unclear statement.
@mariusrotterdam5212 Місяць тому
Very good point of view!!! 💯🇱🇺🇱🇹👊
Tom Bilyeu
Переглядів 1,9 млн
Ми - Україна
Переглядів 613 тис.
Hoover Institution
Переглядів 220 тис.
nzherald.co.nz
Переглядів 523 тис.
Hoover Institution
Переглядів 1,7 млн
Hoover Institution
Переглядів 54 тис.
Hoover Institution
Переглядів 90 тис.