#Coinbase Considers New Coin Listing#

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Overview

Coinbase CEO Brian Armstrong recently made headlines at the World Economic Forum with his comments on Bitcoin. He believes Bitcoin is a better form of money than gold and predicts its price will reach millions of dollars. He believes governments should hold Bitcoin as a store of value and says there is growing interest in Bitcoin strategic reserves from finance ministers around the world. Armstrong also said that US President Trump is excited about Bitcoin strategic reserves and wants to be the first Bitcoin president. Coinbase US policy head Kara Calvert also said that Trump is positive about Bitcoin and believes cryptocurrency remains a priority for him. These statements suggest Coinbase is confident about Bitcoin’s future and is actively promoting its application and development.

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Analysis

Coinbase CEO Brian Armstrong recently made a series of statements at the World Economic Forum, sparking market speculation about Coinbase considering new coin listings. He believes Bitcoin is a better form of money than gold and predicts its price will "enter the millions, millions range," becoming the new gold standard. He stated that finance ministers from around the world are "increasingly interested" in Bitcoin strategic reserves and praised it as the best currency in the world. He even revealed that US President Trump is excited about Bitcoin strategic reserves and "would love to be the first Bitcoin president." These statements suggest Coinbase is confident in Bitcoin's future and may consider adding more Bitcoin-related cryptocurrencies to its trading platform. Although Coinbase US policy head Kara Calvert stated they will remain "neutral" when considering new listings, Armstrong's statements undoubtedly provide strong support for Coinbase to consider new coin listings.

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Discussion Word Cloud

Classic Views

Bitcoin will become the new gold standard, its price will reach millions of dollars

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Governments should hold Bitcoin as a store of value

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Cryptocurrencies will lead a new era of capitalism and economic freedom

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President Trump is excited about the Bitcoin strategic reserve and could become the first Bitcoin president

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