Coinbase CEO Backs Bitcoin-Only US Crypto Reserve
Brian Armstrong suggests a Bitcoin-only US crypto reserve as the best option.
- Coinbase CEO Brian Armstrong supports a Bitcoin-only US crypto reserve.
- He believes Bitcoin is the most reliable crypto asset for such a reserve.
- The statement highlights ongoing discussions on crypto’s role in the US economy.
Coinbase CEO Advocates Bitcoin-Only US Crypto Reserve
Brian Armstrong, the CEO of Coinbase, has expressed his support for a US crypto reserve consisting exclusively of Bitcoin. He believes that Bitcoin is the most suitable cryptocurrency for such a reserve due to its decentralized nature, security, and historical performance as a store of value.
Why Bitcoin?
Armstrong’s statement aligns with the growing sentiment that Bitcoin remains the dominant digital asset in the crypto space. Unlike other cryptocurrencies, Bitcoin has achieved global recognition as a digital form of gold. Its limited supply of 21 million coins and robust network security make it a strong candidate for inclusion in national reserves.
Additionally, Bitcoin has a track record of being a hedge against inflation and economic uncertainty. If the US were to adopt a crypto reserve, Bitcoin’s stability compared to other cryptocurrencies could be a major advantage.
JUST IN: Coinbase CEO Brian Armstrong says a US crypto reserve with only Bitcoin is "probably the best option." pic.twitter.com/3Eu3UeJkBC
— Watcher.Guru (@WatcherGuru) March 3, 2025
Crypto’s Role in the US Economy
The idea of a US crypto reserve raises questions about the government’s approach to digital assets. While some regulators remain skeptical of crypto’s volatility, others see the potential for Bitcoin to complement traditional financial reserves.
Armstrong’s suggestion could fuel further discussions on how the US incorporates crypto into its financial policies. With Bitcoin’s increasing adoption by institutions and governments worldwide, a Bitcoin-only reserve could be a step toward broader crypto integration.
