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Bitcoin Hits $100,000: Key Insights from CZ and Brian Armstrong😱😱🚨🚨
As #bitcoin surpassed $100,000 for the first time in its 16-year history, influential figures in the cryptocurrency world, including Binance's former CEO #Changpeng.CZ.Zhao (CZ) and Coinbase CEO #BrianArmstrong , shared their perspectives on this milestone. Their reactions highlighted Bitcoin’s immense potential and the broader economic implications of its price surge.
𝐂𝐙'𝐬 𝐏𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞: 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐈𝐬 "𝐂𝐡𝐞𝐚𝐩𝐞𝐫" 𝐓𝐡𝐚𝐧 𝐄𝐯𝐞𝐫
Changpeng Zhao, who recently returned to Dubai after his legal challenges in the U.S., offered a unique viewpoint on Bitcoin’s rising value. While others congratulated him on his Bitcoin gains, CZ remained grounded, explaining, “I haven’t made much. I still hold the same amount of Bitcoin, but everything around me has become cheaper.” His comment underscores the deflationary impact Bitcoin could have on purchasing power, suggesting that, despite the soaring price of Bitcoin, other assets may seem more affordable in comparison.
𝐁𝐫𝐢𝐚𝐧 𝐀𝐫𝐦𝐬𝐭𝐫𝐨𝐧𝐠 𝐑𝐞𝐟𝐥𝐞𝐜𝐭𝐬 𝐨𝐧 𝐁𝐢𝐭𝐜𝐨𝐢𝐧’𝐬 𝐈𝐦𝐩𝐫𝐞𝐬𝐬𝐢𝐯𝐞 𝐆𝐫𝐨𝐰𝐭𝐡
Coinbase CEO Brian Armstrong also weighed in on Bitcoin’s incredible growth, drawing attention to its past performance. Reflecting on Bitcoin’s early days, Armstrong stated that if someone had invested in Bitcoin back in 2012, when Coinbase launched, their $100 investment would be worth over $1.5 million today. He contrasted this with the current state of traditional currency, which has seen its purchasing power eroded by inflation. Armstrong further emphasized Bitcoin’s status as the best-performing asset of the last decade, suggesting that the world is still in the early stages of its financial revolution. He called on nations, especially those battling inflation, to build Bitcoin reserves to protect their economic futures.
𝐀𝐬 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐬 𝐢𝐭𝐬 𝐮𝐧𝐩𝐫𝐞𝐜𝐞𝐝𝐞𝐧𝐭𝐞𝐝 𝐫𝐢𝐬𝐞, 𝐭𝐡𝐞𝐬𝐞 𝐜𝐨𝐦𝐦𝐞𝐧𝐭𝐬 𝐟𝐫𝐨𝐦 𝐤𝐞𝐲 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐟𝐢𝐠𝐮𝐫𝐞𝐬 𝐫𝐞𝐦𝐢𝐧𝐝 𝐮𝐬 𝐨𝐟 𝐢𝐭𝐬 𝐥𝐨𝐧𝐠-𝐭𝐞𝐫𝐦 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐫𝐨𝐥𝐞 𝐢𝐭 𝐩𝐥𝐚𝐲𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐞𝐜𝐨𝐧𝐨𝐦𝐲.
#CZ #coinbaseCeo
𝐂𝐙'𝐬 𝐏𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞: 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐈𝐬 "𝐂𝐡𝐞𝐚𝐩𝐞𝐫" 𝐓𝐡𝐚𝐧 𝐄𝐯𝐞𝐫
Changpeng Zhao, who recently returned to Dubai after his legal challenges in the U.S., offered a unique viewpoint on Bitcoin’s rising value. While others congratulated him on his Bitcoin gains, CZ remained grounded, explaining, “I haven’t made much. I still hold the same amount of Bitcoin, but everything around me has become cheaper.” His comment underscores the deflationary impact Bitcoin could have on purchasing power, suggesting that, despite the soaring price of Bitcoin, other assets may seem more affordable in comparison.
𝐁𝐫𝐢𝐚𝐧 𝐀𝐫𝐦𝐬𝐭𝐫𝐨𝐧𝐠 𝐑𝐞𝐟𝐥𝐞𝐜𝐭𝐬 𝐨𝐧 𝐁𝐢𝐭𝐜𝐨𝐢𝐧’𝐬 𝐈𝐦𝐩𝐫𝐞𝐬𝐬𝐢𝐯𝐞 𝐆𝐫𝐨𝐰𝐭𝐡
Coinbase CEO Brian Armstrong also weighed in on Bitcoin’s incredible growth, drawing attention to its past performance. Reflecting on Bitcoin’s early days, Armstrong stated that if someone had invested in Bitcoin back in 2012, when Coinbase launched, their $100 investment would be worth over $1.5 million today. He contrasted this with the current state of traditional currency, which has seen its purchasing power eroded by inflation. Armstrong further emphasized Bitcoin’s status as the best-performing asset of the last decade, suggesting that the world is still in the early stages of its financial revolution. He called on nations, especially those battling inflation, to build Bitcoin reserves to protect their economic futures.
𝐀𝐬 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐬 𝐢𝐭𝐬 𝐮𝐧𝐩𝐫𝐞𝐜𝐞𝐝𝐞𝐧𝐭𝐞𝐝 𝐫𝐢𝐬𝐞, 𝐭𝐡𝐞𝐬𝐞 𝐜𝐨𝐦𝐦𝐞𝐧𝐭𝐬 𝐟𝐫𝐨𝐦 𝐤𝐞𝐲 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐟𝐢𝐠𝐮𝐫𝐞𝐬 𝐫𝐞𝐦𝐢𝐧𝐝 𝐮𝐬 𝐨𝐟 𝐢𝐭𝐬 𝐥𝐨𝐧𝐠-𝐭𝐞𝐫𝐦 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐫𝐨𝐥𝐞 𝐢𝐭 𝐩𝐥𝐚𝐲𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐞𝐜𝐨𝐧𝐨𝐦𝐲.
#CZ #coinbaseCeo
Regulators Can’t Keep Up? Coinbase CEO Urges Crypto Approval Overhaul
Approximately one million new tokens are created weekly according to Coinbase CEO Brian Armstrong.
As the digital asset explosion unfolds, Armstrong is sounding the alarm on outdated listing processes and hurdles in crypto regulation.
On January 26, Armstrong took to X (formerly Twitter) to propose a more efficient method for listing cryptocurrencies on exchanges like Coinbase. His message?
The current approval system isn’t cutting it anymore.
Too Many Tokens, Too Little Time
Armstrong said,
“Evaluating each one by one is no longer feasible.”
With 1 million new tokens entering the market every week, crypto exchanges face an increasingly overwhelming challenge in evaluating and listing them all.
The sheer volume has created a “high-quality problem” but also one that can no longer be addressed with the current, labor-intensive process.
According to Armstrong, for exchanges like Coinbase, the traditional “allow list” system—where tokens are manually reviewed and approved—is quickly becoming outdated.
Armstrong’s call for a rethink on how tokens are listed highlights the logistical difficulties of keeping pace with the rapid growth of the market.
But it’s not just the exchanges that are struggling. Regulators are feeling the pressure too.
Armstrong noted that regulators are not equipped to approve each new token individually, especially with 1 million tokens being created every week.
He recommends a shift from the “allow list” to a more efficient “block list” system. This approach would focus on blocking problematic tokens while allowing others to enter the market freely.
Armstrong wrote,
“Regulators need to understand that applying for approval for each one is totally infeasible at this point.”
The current method, he argued, isn’t scalable. Instead, he argues that regulators could use data-driven tools—like customer reviews and on-chain scanning—to assess tokens more
#CoinbaseCEO #coinbase #Regulators #CryptoMarket #CryptoNews
Approximately one million new tokens are created weekly according to Coinbase CEO Brian Armstrong.
As the digital asset explosion unfolds, Armstrong is sounding the alarm on outdated listing processes and hurdles in crypto regulation.
On January 26, Armstrong took to X (formerly Twitter) to propose a more efficient method for listing cryptocurrencies on exchanges like Coinbase. His message?
The current approval system isn’t cutting it anymore.
Too Many Tokens, Too Little Time
Armstrong said,
“Evaluating each one by one is no longer feasible.”
With 1 million new tokens entering the market every week, crypto exchanges face an increasingly overwhelming challenge in evaluating and listing them all.
The sheer volume has created a “high-quality problem” but also one that can no longer be addressed with the current, labor-intensive process.
According to Armstrong, for exchanges like Coinbase, the traditional “allow list” system—where tokens are manually reviewed and approved—is quickly becoming outdated.
Armstrong’s call for a rethink on how tokens are listed highlights the logistical difficulties of keeping pace with the rapid growth of the market.
But it’s not just the exchanges that are struggling. Regulators are feeling the pressure too.
Armstrong noted that regulators are not equipped to approve each new token individually, especially with 1 million tokens being created every week.
He recommends a shift from the “allow list” to a more efficient “block list” system. This approach would focus on blocking problematic tokens while allowing others to enter the market freely.
Armstrong wrote,
“Regulators need to understand that applying for approval for each one is totally infeasible at this point.”
The current method, he argued, isn’t scalable. Instead, he argues that regulators could use data-driven tools—like customer reviews and on-chain scanning—to assess tokens more
#CoinbaseCEO #coinbase #Regulators #CryptoMarket #CryptoNews
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