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Why Bitcoin Will Take Over The World: Coinbase CEO Brian Armstrong | Uncommon Knowledge 

Hoover Institution
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Recorded 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.
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15 май 2024

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Комментарии : 495   
@ConorChepenik
@ConorChepenik Месяц назад
The host did an incredible job showcasing both sides and engaging in fair debate with an open mind. Bravo
@a.s.clifton544
@a.s.clifton544 Месяц назад
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
@Benjamin-fu5ij Месяц назад
You hit the nail on the head. This is exactly what I was thinking, and I'm Gen Z.
@EE-gy1kf
@EE-gy1kf Месяц назад
BTC is the hardest and most pure form of money humanity has ever discovered.
@PatchedBandit
@PatchedBandit Месяц назад
0.1 BTC is now worth 7,000 USD
@madfish369
@madfish369 Месяц назад
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.
@cheebug
@cheebug Месяц назад
It’s cool watching people begin to understand bitcoin. I get to relive the excitement vicariously
@NZEverydayInvestor
@NZEverydayInvestor Месяц назад
Such a classy interviewing style. Articulate, polite, open…
@dbongo1
@dbongo1 Месяц назад
I admire Brian's restraint. I could never be so diplomatic when talking about the Incompetent Congress or the Criminal Fed.
@chrisklaeffling1
@chrisklaeffling1 Месяц назад
That is the reason why he is a CEO
@jaredlopez2926
@jaredlopez2926 Месяц назад
Managers in corporations should stay out of politics, religion, etc. I love that Armstrong took a stance on that.
@JeDxDeVu
@JeDxDeVu Месяц назад
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
@lchpdmq Месяц назад
Your religion is kind of hilarious, and I’ve been in bitcoin for over a decade
@thorarthur66ddz
@thorarthur66ddz Месяц назад
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
@funkyseven19
@funkyseven19 Месяц назад
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
@meinking22
@meinking22 Месяц назад
Nice to see the Boomers and normies are finally getting some solid information on crypto. Well done Uncommon Knowledge. Better late than never.
@tonywright8342
@tonywright8342 Месяц назад
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
@shawnradke Месяц назад
you should watch Robert Breedlove podcasts instead
@glenw3814
@glenw3814 Месяц назад
BA seems like a very thoughtful guy. This interview is a win in my book.
@ninobach7456
@ninobach7456 Месяц назад
You really have to respect the open mindedness from the interviewer
@WhiteCloud746
@WhiteCloud746 Месяц назад
Outstanding choice for a guest. It's good to shake things up a bit.
@LeroyJamlArmstng
@LeroyJamlArmstng Месяц назад
Fix the money and you fix the world
@gilkennedy7638
@gilkennedy7638 Месяц назад
Im in crypto since 2017, have a Coinbase account since, never really took time to listen to Brian....I'm impress
@stevewaterfield4862
@stevewaterfield4862 Месяц назад
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
@dave9547 Месяц назад
Who created bitcoin? Do you reeeeally think the gov/deep state don't know?
@dd-ow6pe
@dd-ow6pe Месяц назад
hats off to interviewer .. extremely difficult subject for non-technical person
@guitarsz
@guitarsz Месяц назад
what a gracious host. He’s fantastic.
@davidanalyst671
@davidanalyst671 Месяц назад
this is hilarious. "Pretend we have a functioning congress" lolz. sometimes this guy is the best part of the vid.
@aimhigh3701
@aimhigh3701 Месяц назад
This is so good. The hoover institution tackling crypto is much needed.
@padmajaerella9117
@padmajaerella9117 Месяц назад
Smart move Brian, wish more leaders have spine like you
@7777maesteg
@7777maesteg Месяц назад
It's the first time I have heard this interviewer. Excellent technique and want to hear more!
@codrinvechiu2832
@codrinvechiu2832 Месяц назад
I would be interested in Tom Sowell's opinion on crypto
@joshholm1000
@joshholm1000 Месяц назад
I'm willing to bet he's all for it.
@SammyC27
@SammyC27 Месяц назад
lower your crazy fees Brian
@Web3WondersUS
@Web3WondersUS Месяц назад
This is American journalism at its finest. Five star interview - historic.Thank you! 👏🌟🌟🌟🌟🌟👏
@fegerstein
@fegerstein Месяц назад
When the guy said his 700 purchase went to 300 the next day. Brian should of said. Buy the dips
@DefiTraveler
@DefiTraveler Месяц назад
Armstrong is a hero!
@innermind23
@innermind23 Месяц назад
Coinbase is the most important American company since Google.
@Arterium
@Arterium Месяц назад
Brilliant interview. Thank you!!
@dominiqueluz5257
@dominiqueluz5257 Месяц назад
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!
@HellsMaw
@HellsMaw Месяц назад
Fantastic interview, Coinbase and the crypto market as a whole are just getting started
@Benjamin-fu5ij
@Benjamin-fu5ij Месяц назад
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!
@ronnw8153
@ronnw8153 Месяц назад
Wow I never knew this about Brian Armstrong. Kick ass guy. 🤜🤛👍
@mariusrotterdam5212
@mariusrotterdam5212 Месяц назад
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. 💯🇱🇺🇱🇹👊
@EdRobles1
@EdRobles1 21 день назад
Wow. Best interview I’ve seen on this topic. Professional, transparent session. A rarity nowadays.
@TawBitcoin
@TawBitcoin Месяц назад
Get Michael saylor on to talk about Bitcoin!
@BitcoinMeister
@BitcoinMeister Месяц назад
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
@TheTeaserking Месяц назад
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
@fusion9619 Месяц назад
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!
@njreno1
@njreno1 Месяц назад
Never thought I would listen to a podcast or interview through the Hoover Institution. Great interview.
@jfscars48
@jfscars48 Месяц назад
There’s hope. A brilliant young man.
@SaiDeLaRai
@SaiDeLaRai 29 дней назад
🤔 this is probably one of the best interviews I have ever seen.
@stevehalverson790
@stevehalverson790 Месяц назад
I think of crypto as two categories: 1. Bitcoin 2. All other cryptocurrencies
@trevorshakiba1329
@trevorshakiba1329 Месяц назад
Crazy. Didn't expect to see this topic on Uncommon Knowledge. Bravo. Bitcoin (not crypto) is the future!
@scepisle4970
@scepisle4970 Месяц назад
This is why we Bitcoin....... ❤
@DueceBandit
@DueceBandit Месяц назад
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.
@Web3WondersUS
@Web3WondersUS Месяц назад
25:59 Leadership moment - clarity on the mission.👏
@cazalis
@cazalis Месяц назад
Great, simple, concise, sans prejudice interview! ❤
@bobinindiana
@bobinindiana Месяц назад
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.
@paulfrancis4227
@paulfrancis4227 Месяц назад
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
@lchpdmq Месяц назад
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
@joshholm1000 Месяц назад
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.
@f1sker_karma
@f1sker_karma Месяц назад
Holy sh*t. This was a fantastic listen.
@sharpenedge
@sharpenedge Месяц назад
It was terrible.
@vanodyssey1659
@vanodyssey1659 Месяц назад
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.
@sarasotafl
@sarasotafl Месяц назад
Very good interview, very professional
@FollowEman
@FollowEman Месяц назад
Excellent interview. Thank you.
@BlockchainShango
@BlockchainShango Месяц назад
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.
@bufuCS
@bufuCS Месяц назад
I enjoyed every single minute of this! Thanks for the upload
@robertlee8042
@robertlee8042 Месяц назад
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
@TheTeaserking Месяц назад
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
@bjarnithors
@bjarnithors Месяц назад
Amazing interview, lots of respect for Brian Armstrong!
@kakaocorporation
@kakaocorporation Месяц назад
Coinbase is one of our favorite companies from Y Combinator.
@agamemnonplatonis9019
@agamemnonplatonis9019 Месяц назад
What a great podcast! 👏🏻 Thank you for organizing the interview 🙏🏻
@RedMcc
@RedMcc Месяц назад
What a great interview!!
@manuelamundaray299
@manuelamundaray299 Месяц назад
Classy interview
@paulfrancis4227
@paulfrancis4227 Месяц назад
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.
@jerryearick4943
@jerryearick4943 Месяц назад
Very wonderful analogy
@S2G-yn3fl
@S2G-yn3fl Месяц назад
Great interview. Thank you
@kryptotrader4699
@kryptotrader4699 Месяц назад
great Stuff, nice guy! 💪
@nosuchthing8
@nosuchthing8 Месяц назад
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
@marcosquezada6430
@marcosquezada6430 Месяц назад
They have been saying this for 10 years and I still can't even by groceries with bitcoin? Come on now
@CHrbn
@CHrbn Месяц назад
Great interview. Lots of good information
@gladyshernandez877
@gladyshernandez877 Месяц назад
Love the information
@BradZook
@BradZook Месяц назад
Mr. Robinson is the best interviewer.
@BofaDeezKnights
@BofaDeezKnights Месяц назад
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
@lchpdmq Месяц назад
He’s at the crossroads of key economic issues and and actual player in how the world evolves, and you want some academic? Bizarre
@timkopp9763
@timkopp9763 Месяц назад
Yaaass what a sweet pairing Uncommon knowledge and Brian Armstrong
@asdf09er
@asdf09er Месяц назад
Interesting example of how a small number of vocal people can cause such disruption. 29:45
@magcarl2000
@magcarl2000 Месяц назад
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.
@richardvangreunen319
@richardvangreunen319 15 дней назад
brilliant interview - yhank you
@jordangaudio6729
@jordangaudio6729 Месяц назад
This was a great video. I've not watched many interviews with Brian aside from the CNBC clips. The man is clearly a very strong leader. I have no coinbase but I do have crypto. If I was to invest in a crypto stock it would be coinbase
@Marklodhi420
@Marklodhi420 Месяц назад
I recorded one minute of Peter speaking about "bitcoin can fix it".
@bidask123
@bidask123 Месяц назад
I have 5 BTC. I don't know how pay rent with BTC.
@PrevailPal
@PrevailPal Месяц назад
Thank you for sharing. May your day BE filled with more thankfulness, encouragement and forward thinking today....
@user-ex8rp7sd9v
@user-ex8rp7sd9v Месяц назад
Good interview, well done
@Web3WondersUS
@Web3WondersUS Месяц назад
Tension stated mission of freedom vs fiduciary duty to investors - CEO great answer alignment 20:56 kudos!
@BKLevi
@BKLevi Месяц назад
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
@shahidarshad4531
@shahidarshad4531 Месяц назад
very nice interview, host did a great job
@Kid_Ikaris
@Kid_Ikaris 28 дней назад
Peter Robinson is the most inside the DC beltway guy I've listened to. And you know what, I love him for it.
@marklane870
@marklane870 Месяц назад
Deflationary money 💰 Bitcoin is the best thing thats happened in financial history
@jonathanmebane3782
@jonathanmebane3782 Месяц назад
amazing interview
@urban.c
@urban.c Месяц назад
dang, I wish I can like this video more than once!
@jeffpeterson4287
@jeffpeterson4287 Месяц назад
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.
@jakubkouo
@jakubkouo Месяц назад
Very well articulated for older generations. Which I believe, it is a primary target group of this interview. Good job.
@robertlee8042
@robertlee8042 Месяц назад
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
@darbyheavey406 Месяц назад
That’s a very unclear statement.
@mallred32
@mallred32 Месяц назад
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.
@WHATISUTUBE
@WHATISUTUBE Месяц назад
Lex Luther on the interview chair today
@mariusrotterdam5212
@mariusrotterdam5212 Месяц назад
Very good point of view!!! 💯🇱🇺🇱🇹👊
@hammamkemeh7574
@hammamkemeh7574 Месяц назад
This is interview has opened my eyes and made me so interested in investing into cryptocurrency
@sharpenedge
@sharpenedge Месяц назад
Study Bitcoin. Forget "crypto". Bitcoin only.
@markkeith9239
@markkeith9239 Месяц назад
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
@Web3WondersUS Месяц назад
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.
@nosuchthing8
@nosuchthing8 Месяц назад
Cryptography is MUCH older than WW2. There was the Caesar cypher 2000 years ago.
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