The director of the largest cryptocurrency exchange in the US outlined his views on the present and the future of the crypto industry. Brian Armstrong, CEO of Coinbase, spoke in an interview with CNBC. In a newly aired interview with CNBC, Coinbase CEO Brian Armstrong discussed his belief that leading tech companies like BlackRock and Meta would participate in the future stage of the crypto-powered internet. “We want all the companies in the world to integrate into cryptocurrencies. It is like saying that we want all companies to have an Internet presence or to use the internet in some way. Even if they’re not an internet business, they’re going to have a home page or maybe get new customers online or take payments.” Further in the interview, he stated that, according to him, Big Tech would have a crucial role in crypto. He said some industry giants like Meta and BlackRock have connected with Coinbase, which shows how companies can successfully execute transactions with customers, which will be encouraging for the future. When it comes to the crypto winter that has affected the market since late last year, the tech entrepreneur believes it will end by mid-2023. He stated that companies are no strangers to recessions in this economic climate, but the companies would recover in time. Coinbase Focuses On Long-Term Objectives Armstrong emphasized that Coinbase is focused on long-term goals instead of changing price charts. He rema...
