Brian Armstrong from Coinbase Warns:
Bitcoin Could Replace the Dollar if the U.S. Does Not Resolve Its Debt
Brian Armstrong, CEO of Coinbase, has issued a warning to the United States Congress: the lack of fiscal responsibility and the growing indebtedness of the country could undermine the global hegemony of the dollar. According to Armstrong, if this situation persists, Bitcoin could emerge as the new global reserve currency.
This statement, made on June 4, 2025, highlights Armstrong's ongoing concern for the economic stability of the U.S. and his belief that cryptocurrencies, particularly Bitcoin, offer a solid alternative in the face of financial uncertainty. The programmed scarcity of Bitcoin and its decentralized nature position it as a potential "successor to gold" and a safe haven in an ever-changing global economic landscape.
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