Coinbase CEO: Trump's support for cryptocurrency is forcing global players to pay more attention
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Odaily report: Coinbase CEO Brian Armstrong recently posted that he had just finished a marathon of meetings with world leaders, ministers and CEOs at Davos. This was an excellent opportunity for Coinbase to connect with over 50 world leaders and CEOs to discuss how we can help bring cryptocurrency to their countries or companies. Here are some key takeaways:
1. Crypto and AI were the most discussed topics at Davos, aside from . It's clear that crypto and economic freedom have now become global TOM forces, with many curious about how crypto can improve global economic freedom.
2. is forcing everyone to raise their game. Essentially, every conversation with major market leaders focused on what the administration plans to do with crypto (e.g. strategic TRON reserves) and how they can avoid falling behind. As the company best positioned to help governments establish strategic TRON reserves through our custody and trading services, these were valuable touchpoints.
3. Many emerging market leaders have deeply understood that crypto can create economic freedom for their people and unleash the growth potential of their economies. Many see what leaders like , and have done, and understand that free markets are the catalyst for prosperity. Economic freedom is on the rise, and there is now an obvious opportunity to build an economic freedom coalition, which I want to discuss how Coinbase can help drive.
4. The floodgates are opening. Corporate leaders (banks, asset managers, payment companies, etc.) are explicitly stating they are accelerating their crypto investments. Crypto allocations will increase, and their blockchain-based construction efforts will increase. Participation and competition in the crypto space will be greater than ever, which we welcome. We need crypto to update the entire global financial system and bring those benefits to everyone.
5. Coinbase will have significant upside in this global bull market. My experience at Davos underscored the importance of our world-class security and compliance track record of over 12 years to major participants. They need institutional-grade partners like Coinbase who can persevere through bear markets to build with confidence in the crypto space. We are proud to be their partner.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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