Coinbase CEO Brian Armstrong Declares Bitcoin “the Best Form of Money Ever Created”

HKAN | Jul 29

JUST IN: Coinbase CEO Brian Armstrong Hails Bitcoin as the Ultimate Form of Money

 

Brian Armstrong, CEO and co-founder of Coinbase, has affirmed that “Bitcoin is probably the best form of money ever created.” According to Armstrong, Bitcoin combines the most important qualities of money—including scarcity, portability, durability, divisibility, and fungibility—while adding programmability that fiat or gold lack .

 

Why He Champions Bitcoin Over Traditional Assets

Armstrong explains that Bitcoin is provably scarce, with a fixed supply akin to gold—but far more portable. Transactions are fast, global, and seamless. He also notes the ease of division—down to eight decimal places—and intrinsic fungibility, meaning each Bitcoin is just as good as any other .

 

Programmability and Utility

Beyond core monetary traits, Armstrong emphasizes Bitcoin’s programmable nature: smart contracts, cross-border payments, and decentralized applications—all built on a trustless, transparent blockchain. He sees Bitcoin evolving into more than an asset: it's becoming a critical infrastructure component of modern finance .

 

What It Means

As the leader of Coinbase the largest U.S. crypto exchange with over 100 million users Armstrong’s endorsement reinforces Bitcoin’s legitimacy and growing adoption in mainstream finance. His statements contribute to the narrative that Bitcoin is shifting from speculation to functional money in today's digital economy.