Brian Armstrong was one of the leaders at the forefront of cryptocurrency’s boom, with an aim of creating an open financial system for the world. He is the co-founder and CEO of Coinbase, a digital currency exchange that can be used as a broker for Bitcoin, Ether, and Litecoin, among others.
“We want to be the bridge all over the world where people come and they take fiat currency and they can get it into these different cryptocurrencies,” Brian told TechCrunch.
Coinbase offers two products: a Global Digital Asset Exchange (GDAX), which is used to trade digital currency through a trading platform; and a user-facing retail broker to trade Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, and Litecoin for fiat currency, such as the US dollar and UK pound sterling.
Coinbase is the largest US-based bitcoin exchange. Its user base has increased to over 13 million in the last year, including 300,000 new users joining in one week during November 2017. At this time, Coinbase had a larger userbase than brokerage firm Charles Schwab.
Brian hopes that Coinbase becomes the “New York Stock Exchange” of crypto securities.
“My hope is that we see this technology succeed in the world, and my hat is off to anyone working to make that happen,” Brian tweeted in January 2019. “I believe we’re still at the beginning. The white paper signaled the start of a movement and the full promise of Bitcoin is still yet to be realized.”
Brian publishes information about the inner workings of Coinbase on Medium.