Coinbase CEO Brian Armstrong claims that cryptocurrency promotes economic freedom and the development of capitalism globally. He advocates for a greater push towards capitalism and a reduction in socialism to enhance economic prosperity, particularly benefiting the poorest populations. He cites the nationalization dilemma in Venezuela and the economic growth from post-Soviet reforms in Poland as examples, but critics point out that Poland benefits from EU subsidies and implements socialist policies like free healthcare. This debate stems from socialist Zoran Mamdani being elected as mayor of New York City, raising concerns about the outflow of wealthy residents and a shrinking tax base, prompting Robert Kiyosaki to suggest investing in Bitcoin and Ethereum.