Quotes by Brian Armstrong - Page 1

The average person may, at a high level, think of us as a digital currency bank, but we're not a bank.
Brian Armstrong /
Average Person
Currency
Digital
High Level
Bank
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I do think some digital currency will end up being the reserve currency of the world. I see a path where that's going to happen.
Brian Armstrong /
Currency
Digital
Path
Reserve
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At Coinbase, our first priority is to ensure that we operate the most secure and compliant digital currency exchange in the world.
Brian Armstrong /
Currency
Digital
Secure
Coinbase
Compliant
Exchange
Ensure
Operate
Priority
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For a major publisher like Time Inc. to embrace Bitcoin sends an important message to both its readers and to the broader media community.
Brian Armstrong /
Bitcoin
Embrace
Broader
Important Message
Major
Publisher
Readers
Sends
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Within the coming years, disrupting the Bitcoin network will become increasingly more difficult as Bitcoin wallet software and the protocol become more mature and resilient.
Brian Armstrong /
Bitcoin
Difficult
Mature
Protocol
Resilient
Software
Years
Within
Coming
Increasingly
Network
Wallet
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We need to be held to a higher standard because digital currency is so new and interesting and powerful that it is attractive to a lot of people out there to try to steal it.
Brian Armstrong /
Attractive
Currency
Digital
Held
Higher Standard
Standard
Steal
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It's important to understand how Coinbase thinks about regulation and compliance in the digital currency space. As an exchange, we view compliance as key to digital currency's success.
Brian Armstrong /
Space
Compliance
Currency
Digital
Regulation
Coinbase
Exchange
View
Thinks
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It's really hard to argue that bitcoin doesn't have many legitimate benefits to companies that are legal businesses when you have Dell and Expedia and all these companies now accepting it.
Brian Armstrong /
Legal
Accepting
Benefits
Bitcoin
Dell
Argue
Businesses
Companies
Legitimate
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My belief is that the vast majority of people using digital currency today are not seeking to evade taxes. They are simply investors seeking returns and people interested in a nascent new technology.
Brian Armstrong /
Belief
Currency
Digital
Investors
Majority
New Technology
Seeking
Taxes
Technology Today People
Interested
Simply
Vast
Nascent
Returns
Vast Majority
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I think it's going to end up a lot like the Internet. Some countries try to regulate the Internet - bitcoin will be very much like that. It will be legal, and there will be some countries with currency control.
Brian Armstrong /
Legal
Bitcoin
Currency
Regulate
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If there is one positive takeaway from the collapse of Mt.Gox, it is the willingness of a new generation of Bitcoin companies to work together to ensure the future of Bitcoin and the security of customer funds.
Brian Armstrong /
Bitcoin
Collapse
New Generation
Willingness
Customer
Ensure
Funds
Work Together
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Unlike Bitcoin or email, our financial institutions and payment systems today are proprietary. This limits the ability for consumers to easily switch between payment providers and creates less competition for services.
Brian Armstrong /
Bitcoin
Consumers
Email
Limits
Payment
Providers
Creates
Unlike
Proprietary
Services
Switch
Systems
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If you're someone in the business of verifying transactions on a proprietary network, the invention of Bitcoin cannot be safely ignored. It will change or disrupt the providers of most proprietary payment networks in the coming years.
Brian Armstrong /
Bitcoin
Ignored
Invention
Payment
Providers
Transactions
Coming
Disrupt
Network
Proprietary
Safely
Verifying
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At Coinbase, our mission is to create an open financial system for the world. We believe that open protocols for money will create more innovation, economic freedom, and equality of opportunity in the world, just like the Internet did for publishing information.
Brian Armstrong /
Equality
Economic Freedom
Financial
Financial System
Innovation
Internet
Publishing
Coinbase
Mission
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By lowering the barrier to create new digital currency applications, we'll see an explosion in the number of ideas tried. We'll invest in, partner with, or build a number of new applications in this space, including replacements for many of the services people use in finance 1.0.
Brian Armstrong /
Finance
Currency
Digital
Applications
Barrier
Invest
Explosion
Lowering
Partner
Services
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Brian Armstrong Quotes - Page 1

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