🧠 Coinbase CEO Brian Armstrong has expressed concerns that Bitcoin could potentially replace the U.S. dollar as the world's reserve currency if the United States fails to address its escalating national debt, which has recently surpassed $37 trillion. Armstrong emphasized the importance of fiscal responsibility, stating, "I love Bitcoin, but a strong America is also super important for the world. We need to get our finances under control." He warned that continued deficit spending without accountability could lead to Bitcoin supplanting the dollar's global dominance.
🧠 Highlighting Bitcoin's fixed supply and decentralized nature, Armstrong likened it to a modern version of the gold standard, suggesting it could serve as a check against excessive government spending. This perspective aligns with sentiments from other financial leaders. For instance, BlackRock CEO Larry Fink acknowledged in his 2025 annual letter that Bitcoin could challenge the U.S. dollar's status as the global reserve currency if the U.S. government fails to rein in debt and deficits
🧠 Cryptocurrency investments carry risks. Therefore, this is not financial advice (No BSH recommendation). Hence please do your own research (DYOR) before making investment decisions.