Coinbase Exchange, a publicly traded platform in the U.S., has expressed support for President Donald Trump’s plans to establish a strategic Bitcoin reserve in the country. Brian Armstrong, the company’s co-founder and CEO, emphasized that this initiative could create significant economic opportunities for the nation.
Insights from Coinbase’s CEO
Armstrong believes that Bitcoin (BTC ($103,448.87)) $103,814 can contribute positively to the economy. According to him, Bitcoin can promote free market capitalism, allowing various key players to benefit.
The strategic Bitcoin reserve proposed by President Trump highlights that economic growth should stem from elements such as free market dynamics, deregulation, smaller government, and technological innovation.
“Economic growth comes from free market capitalism, deregulation, smaller government, and technological innovation. If other G20 nations wish to thrive economically, they must begin to embrace economic freedom and free markets,&…