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Brian Armstrong: A Billion People Will Be Using Cryptocurrency in Next 5 Years



Brian Armstrong: A Billion People Will Be Using Crytpocurrency in Next 5 Years
Source: Techcrunch

Brian Armstrong, the Chief Executive of Coinbase in a conference with TechCrunch Disrupt in SanFransisco gave a statement that soon billion number of people will be using cryptocurrency in coming years.

There is no doubt that the cryptocurrency community especially the leading platforms are gaining attention across the world. Cryptocurrency is hitting an incredible milestone for decentralized banking and establishing alternative payment methods. Looking at the accomplishment of the crypto world it can be asserted that the statement made by Brian will hopefully turn out to be true in coming years.

It is well known to you that the crypto firms are becoming more liquid and reliable day by day with its innovative developments and generating funds. This can be one of the prime reason that helped gained attention from such a large section of society and still more to go.

At the same time, the regulators of every crypto platform work day and night to full fill the reasonable demand of their customers making it more dynamic for customers use.

All these can be the reason for witnessing such a revolutionary change in the crypto community in next five years. His statement clearly mentioned that 1billion people will easily start utilizing the cryptocurrencies in the coming five years.

Armstrong has a strong feeling that the new crypto firms along with the existing companies will equally contribute to this growth. These newly built firms will manufacture tokens as per their status on coin market caps. In such a manner these recognized and institutionalized digital assets will become a weapon to generate investment as an alternative along with the companies.

Answering one query Brian reported that:
“It makes sense that any company out there who has a cap table should have their token. Every open source project, every charity, potentially every fund or these new types of decentralized organizations [and] apps, they’re all going to have their tokens.”

The fact is not hidden from you guys that Bitcoin is the world’s leading crypto firm with millions of customers. Recently the platform moves forward to establish its market in U.K. Before it was proudly regulating its business in Europe and the U.S. and has gained positive response approximately from 13 million users till now.

It is really worth appreciating and noting that 32.5 % is just the Bitcoin users among the overall users. Apart from this, Coinbase is planning to circulate in more territories and eventually to start trading in Africa.

The company has a firm belief that in coming decades they shall regulate like the New York Exchange (NYSE) considerably with millions of tokens on their protocol.

It can be said that Coinbase has come up with many remarkable developments and assures for more to come. It is truly said that ‘hard work pays off’ and this suits them the best.

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

Rupali Sinha is a journalist at Koinalert. She covers the latest news and updates related to Blockchain technology and cryptocurrencies.