During a recent Bloomberg interview, Coinbase’s Brian Armstrong weighed in on the future of crypto, claiming that mass adoption of cryptocurrencies will happen if a few years when a lot of countries are going to face harsh economic conditions.
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Armstrong states that plenty of developed countries are already hopping on the crypto train and moving closer to introducing a regulatory framework.
When asked about Warren Buffett’s infamous ‘rat poison squared’ remark, the Coinbase CEO responded that it is much harder to find crypto skeptics than it was three years ago. He also calls ICOs an important innovation for crowdfunding but admits that there are some quality issues along with the legal uncertainty.
