Billionaire Coinbase CEO has Just Made This Crypto Prediction – Will it Happen?
Brian Armstrong. Source: a video screenshot, CNBC / YouTube Coinbase CEO Brian Armstrong has forecasted that Bitcoin will become a serious flight-to-safety asset within the next five or 10 years. In an episode of Coinbase’s Around the Block podcast, titled "The State of Crypto and Where It’s Headed with Pomp," said the flagship cryptocurrency' s market capitalization is not yet big enough to act as a serious flight-to-safety asset. However, that could change in the next five or 10 years, when the crypto economy grows to become "a significant enough percentage of the global economy ." Only after that, Bitcoin could be treated as digital gold in the sense that people do a flight to safety towards the asset when things go sour. "I think we’ll see that probably change over time. I could see in the next five or ten years as the crypto economy really becomes a bigger percentage of the global GDP that people will actually flee to Bitcoin ...