Coinbase CEO Encourages World Leaders to Establish a Strategic Bitcoin Reserve

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Brian Armstrong, the CEO of cryptocurrency exchange Coinbase, has written an X article titled, “Economic freedom creates prosperity for all“. In the article, Armstrong writes, “At Coinbase our mission has always been to increase economic freedom in the world. Just like freedom of speech or religion, economic freedom is essential for a prosperous society and civilizational progress. And we believe that crypto is the most important technology that can bring economic freedom to the world.”

Armstrong also encourages world leaders and policymakers to establish a strategic bitcoin reserve, stating, “[Bitcoin] is the best performing asset class since inception and solidifying itself as a hedge against inflation. The next global arms race will be in the digital economy, not space. Bitcoin could be as foundational to the global economy as gold and will become central to national security in a world where holdings of bitcoin can shift the balance of power among nation states. Governments will race to build strategic bitcoin reserves, securing and uplifting their national economies while those without will lose their footing in the digital age.”

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