Coinbase CEO Brian Armstrong Says Bitcoin Is ‘A Better Form Of Money’

Coinbase (NASDAQ:COIN) co-founder and CEO Brian Armstrong said Bitcoin (CRYPTO: BTC) is “a better form of money,” advocating for its inclusion in government reserves.

What Happened: Armstrong on Thursday on X argued that Bitcoin’s ~$2 trillion market cap—roughly 11% of gold’s ~$18 trillion market cap—positions it as a superior form of money due to decentralization, scarcity, divisibility, portability and improved fungibility compared to gold.

Its purity is also easier to verify than that of gold.

Armstrong predicts Bitcoin will surpass gold’s valuation within five to ten …

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