Brian Armstrong
@brian_armstrong
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Co-founder & CEO at @Coinbase. Creating more economic freedom in the world. ENS: barmstrong.eth Co-founder @researchhub @newlimit
Earth
Joined April 2008
The FAA should allow supersonic flight in America. Nothing says American dynamism more than everyone flying on supersonic jets everywhere. This boomless version would be a no brainer. We might even want to allow sonic booms in more situations, as they aren’t particularly dangerous.
Boom! We cracked it! Today we are introducing Boomless Cruise—supersonic flights up to 50% faster with no audible sonic boom. We quietly (har har) demo'd this on XB-1's first supersonic flight—three times actually. 🧵👇
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It really depends what you count as the official start year - for Bitcoin, Internet, and mobile phones - to make this comparison. But regardless, this is directionally correct. Bitcoin adoption should get to several billion people by 2030 at current rates.
🚨CRYPTO ADOPTION 43% FASTER THAN MOBILE PHONES, 20% FASTER THAN INTERNET Crypto has hit 300M users in just 12 years—43% faster than mobile phones and 20% faster than the internet, per BlackRock. Younger generations, inflation fears, and Trump’s pro-crypto stance are fueling the surge. With Bitcoin ETFs projected to hit $250B and regulatory wins piling up, crypto’s mainstream takeover is accelerating. Source: BlackRock
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This is a great ad. We need similar ads for techno-optimism, to recruit the best and brightest to come build the future. Civilizational progress depends on it.
NEW: United States Secret Service releases recruitment ad featuring Trump after the Butler assass*nation attempt, will be played at the Super Bowl before kickoff. 🔥🔥 The minute-long ad was produced by award-winning director Michael Bay. “America was founded on an idea of freedom. America has always stepped forward in time of need throughout our short but powerful history. We’ve been there for all of it.”
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Or who develops superpowers like this I wonder what % of this audience owns crypto cc @AutismCapital we need more GeoGuessr commentary
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@Architect9000 @AionApp 100% aligned. Agree SMBs are important and we’re cooking something up here. Glad you’re in touch with @sid_coelho
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Great progress @DOGE Imagine if every government expenditure was done transparently onchain. Would make it much easier to audit.
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If you think of Coinbase like a bank, we now hold about $0.42T in assets for our customers, which would make us 21st largest bank in the US by total assets, and growing. If you think of us more like a brokerage, we'd be the 8th largest brokerage today by AUM. If you think of us like a payments company��TBH i'm not sure where we rank on that list. There are various ways to measure it, but there were about $30T in total stablecoin payments last year (not all of those were goods and services though). The point is, with crypto the line between these categories is blurring. There are many legacy reasons these are separate in the traditional financial system - and not all of them are good reasons. Why does the money you spend lose value instead of growing in value like an investment? Why does your checking account not earn yield like a savings account (or better yet, like short term treasuries)? Many people use Coinbase to invest, but also to spend, get a loan, etc. In the updated financial system, you will have a single primary financial account which serves all these functions. A greater % of global GDP will run on more efficient crypto rails over time. We'll have sound money, lower friction transactions, and greater economic freedom for all.
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Excited for this!
TL;DR 1. we're going to help builders go viral 2. we'll do this by adding a social feed + miniapps 3. it's powered by @farcaster_xyz 4. there's never been a better time to build LFB
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Why Base building on Farcaster matters Bigger audience All posts can reach more people without having to sign up for another app or social network. More chances to go viral. (And we don't deboost links!) Larger market for developers Coinbase Wallet's large existing userbase can easily use frames and complete onchain transactions with their embedded wallet. Ship a frame and immediately go live in multiple apps with several million Ethereum wallets. Increased choice Coinbase Wallet will offer people another great option to use Farcaster and increases decentralization.
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