Ep 72 | Exporting Economic Freedom with Brian Armstrong of Coinbase

The Money Movement with Jeremy Allaire | Leaders in Blockchain, Crypto, DeFi & Financial Inclusion

Brian Armstrong is one of the crypto ecosystem’s most influential pioneers. As the Co-Founder and CEO of Coinbase, one of the world’s leading crypto exchanges, Brian has seen – and helped drive – the growth of blockchain-based networks from obscurity to widespread adoption.

In their Money Movement conversation, Brian and Jeremy discussed how the crypto economy can extend global financial inclusion, economic freedom, and opportunity to millions who’ve been excluded. To take just one example, Brian shared how mortgages to buy homes are very difficult to obtain in Argentina. The result? Only the richest citizens own homes; the rest are limited to renting, shutting off one of the great sources of wealth creation. Brian believes crypto markets can vastly expand economic freedom and access to credit in places like Argentina, empowering a new culture of ownership and helping to dissolve decades of inequality.

But to get there, Jeremy and Brian agreed, we must face what’s holding crypto back. One big “unlock,” in their view, is regulatory clarity. Another is the scalability of blockchains. They noted what the jump from dial-up to broadband made possible online. A third factor is a usability. Much of the current crypto interface, they said, is too difficult to use.

Brian and Jeremy discussed the regulatory impulse to restrict open networks, fundamental rights that shouldn’t compromise in the name of fighting bad actors, and the importance of educating people about crypto’s enormous potential beyond the transfer of financial value.

*Circle and Coinbase are co-founders of the Centre Consortium, a joint venture aimed at establishing a standard for fiat on the internet and providing a governance framework and network for the global, mainstream adoption of fiat stablecoins.

In their Money Movement conversation, Brian and Jeremy cover:

👉 [00:01:50] Challenges with crypto’s broader adoption

👉 [00:03:00] Getting to scalability

👉 [00:08:47] Ways to standardize Identity 👉 [00:09:10] DAOs and their potential

👉 [00:16:47] The future of lending on blockchains

👉 [00:17:28] Unlocking DeFi

👉 [00:22:00] Creating standards for money, privacy, regulation, and identity

👉 [00:29:25] Stablecoin regulations, self-custodial wallets and the evolution of crypto investors

If you’re interested in learning more about blockchain’s global utility value, tune in to this episode of The Money Movement!

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And connect with Brian here:

👉 Twitter: https://twitter.com/brian_armstrong

👉 LinkedIn: https://www.linkedin.com/in/barmstrong

👉 Website: http://www.coinbase.com

About the show

The global economy is experiencing unprecedented challenges and change. Business leaders everywhere are grappling with how to transform their companies to become more digital, resilient, and efficient. As we face this change, a new global movement is building around the promise of digital currencies and blockchains — forming a new architecture for the global economy and creating new opportunities for companies everywhere. The
Money Movement explores the issues, ideas, and icons driving this transformation in how we spend, send, save, and store value.

The Money Movement is brought to you by Circle. Our mission is to raise global economic prosperity through the frictionless exchange of value. Learn more about Circle Business Accounts and Platform APIs at circle.com.

The Money Movement with Jeremy Allaire is handcrafted by our friends over at: fame.so