‘Bitcoin Has No Issuer’: Coinbase CEO Clashes With French Central Banker at Davos
Coinbase CEO Brian Armstrong debated the French central banker in Davos over Bitcoin's decentralized nature versus state-backed currencies.Summary
During a World Economic Forum panel in Davos, Coinbase CEO Brian Armstrong publicly countered skepticism from Banque de France Governor François Villeroy de Galhau regarding Bitcoin. Villeroy de Galhau expressed more trust in central banks with democratic mandates than in Bitcoin's "private issuers." Armstrong retorted that Bitcoin has no issuer, being a decentralized protocol, making it even more independent than central banks because no single entity controls it and it lacks a "money printer." Armstrong argued that Bitcoin's fixed supply provides a healthy monetary counterweight to government overspending. Separately at Davos, Armstrong reiterated his $1 million BTC price prediction by 2030 and expressed disappointment with a proposed U.S. Senate crypto bill, stating Coinbase could no longer support it.
(Source：Bitcoin Magazine)