Brian Armstrong Bullish on Anonymous Coins! Brian Armstrong Bullish for 2020 – he believes that a “privacy coin” will go mainstream in the 20’s.
In a post published on Coinbase’s official blog on Jan. 3, Armstrong said that he believes in the 20s we will see the integration of privacy features into one of the major blockchains. He also foresees a cryptocurrency with such features to go mainstream in the following years:
“Just like how the internet launched with HTTP, and only later introduced HTTPS as a default on many websites, I believe we’ll eventually see a “privacy coin” or blockchain with built in privacy features get mainstream adoption in the 2020s.”
His comments are interesting given the crackdown on privacy-focused cryptocurrencies.
The movement to cut off privacy coins has been ramping up – France’s National Assembly proposed a ban on anoncoins, while Coincheck, a Japanese cryptocurrency Exchange delisted four privacy coins.
Armstrong also notes that a majority of the world’s billionaires will come from the cryptocurrency space in the 20s. He said:
“My friends Olaf Carlson-Wee and Balaji Srinivasan estimate that at a price of $200,000 per Bitcoin, more than half the world’s billionaires will be from cryptocurrency.”
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