{"id":24394,"date":"2025-04-29T18:16:57","date_gmt":"2025-04-29T18:16:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24394"},"modified":"2025-04-29T18:16:57","modified_gmt":"2025-04-29T18:16:57","slug":"the-water-is-warm-everyone-should-come-in-says-brian-armstrong-as-coinbase-prepares-to-launch-bitcoin-yield-fund","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24394","title":{"rendered":"\u201cThe water is warm, everyone should come in,\u201d Says Brian Armstrong As Coinbase Prepares To Launch Bitcoin Yield Fund"},"content":{"rendered":"
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Coinbase CEO Brian Armstrong has made a bold prediction. He took to X to say that the crypto market\u2019s total addressable market (TAM) will expand 100x as more legitimate companies join the space.\u00a0<\/span><\/p>\n

\u201cI would much rather have every legitimate company now coming into crypto. This will 100x the TAM as crypto becomes the backbone of the entire global financial system, from capital markets, to payments, to debt, etc,\u201d said Armstrong, replying to a lawyer and crypto investor loganb.sui.<\/span><\/p>\n

\"\"<\/p>\n

According to <\/span>@loganb.sui<\/span><\/a>, \u201cIt\u2019s under-appreciated just how much<\/span> @coinbase<\/span><\/a> has done for the industry in the last four years from a legal and policy perspective.\u201d<\/span><\/p>\n

The user went on to say that now the new admin is friendlier, the new SEC is constructive, and the results of this will be regulatoroy clarity, a consequent scaling of the industry, a greater institutional engagement with the industry, and a general maturation.\u00a0<\/span><\/p>\n

\u201cHowever, it will also inevitably and undoubtedly mean ever-increasing, intense competition for every aspect of Coinbase\u2019s business,\u201d the user concluded.\u00a0<\/span><\/p>\n

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It’s under-appreciated just how much @coinbase<\/a> has done for the industry in the last four years from a legal and policy perspective. Especially since the fruits of this labor, though profoundly beneficial to the entire space, will likely hurt $COIN<\/a> in the market. <\/p>\n

For a long\u2026<\/p>\n

\u2014 loganb.sui (@TheWhyOfFI) April 28, 2025<\/a><\/p>\n<\/blockquote>\n