#BTCReserveStrategy ♻️Brian Armstrong, CEO of Coinbase, has shared several opinions about Bitcoin (BTC) on different occasions. Here are some of his most relevant statements:
- 📍Bitcoin as a safe haven*: Armstrong believes that Bitcoin could act as a check on excessive public spending and inflation. He stated that "if it gets out of control, people will flee to Bitcoin in search of safety".
- 📍Strategic reserve of Bitcoin*: Armstrong considers that Bitcoin should be part of the U.S. strategic reserve, just like gold. He suggested that countries with gold reserves should have at least 11% of their reserves in Bitcoin.
- 📍Market capitalization weighted index*: Armstrong proposed creating a market capitalization weighted index to include other cryptocurrencies in the strategic reserve, in addition to Bitcoin.
- 📍Monetary legitimacy of Bitcoin*: Recently, Armstrong stated that "Bitcoin is probably the best form of money ever created", which revives the debate about its monetary legitimacy.
- 📍Adoption and future*: Armstrong believes that Bitcoin will be less volatile over time and that its market capitalization will likely surpass that of gold in the next 5-10 years.