Coinbase CEO Brian Armstrong shared his views on the future merging of cryptocurrencies and traditional assets, confident that all assets will eventually move to the blockchain.
Crypto Can Make All Assets More Efficient
Brian Armstrong expressed the opinion that all asset classes and financial systems will eventually transition to blockchain. He noted that assets like stocks and commodities will operate much more efficiently in this environment.
Gradual Changes in Finance
Armstrong suggests that the process of transitioning to blockchain will begin gradually. According to him, nothing will happen without the active participation of asset owners. This will resemble the gradual adoption of new technologies.
Role of Large Companies in Transition to Blockchain
He highlighted that large companies will be the first to use blockchain for raising capital, which will become a common practice. Subsequently, other companies will follow, using crypto exchanges to create derivatives based on their assets.
Brian Armstrong's thoughts underline the potential of blockchain to transform traditional financial systems, suggesting that the market will gradually embrace this technology.
