Brian Armstrong Sets Roadmap For The Coming Years Of Coinbase

The CEO of Coinbase, Brian Armstrong has laid of plans for the future of the US-based exchange. Among many things, this includes promoting cryptocurrency beyond its use for trading.

At the end of last month on July 31st, Armstrong published a video where he gave users an exclusive view of the exchange’s strategy an roadmap for the next few years. Aside from continuing with its role as a platform for crypto trading, Armstrong can see the exchange changing into something of a portal for information accessibility.

Specifically, Armstrong sees Coinbase becoming a key role in the dissemination of cryptocurrency and start blockchain technology, with the end goal of getting “100 million or more people to start [using] cryptocurrency.” Furthermore, he adds that he sees Coinbase as an almost trigger for political change an even went onto claim that the platform could play a role in impacting law creation and crypto regulation as well as the financial faction.

“The vision for Coinbase is creating more economic freedom for every person and business in the world over the next ten years.”

The exchange is taking an active approach to cryptocurrency education through its Coinbase Earn Program which sees users rewarded with coins for learning about the incubator and different assets. As reported by CryptoGlobe, “The exchange also operates Coinbase Ventures, an incubator program that invests in projects and startups that can provide value to the industry of crypto.”

Not doing it alone

Even though he is the head of one of the biggest crypto exchanges, Armstrong conceded that the team wouldn’t be able to generate his desired impact alone.

Speaking to viewers, he said:

“Coinbase can’t do it alone, there needs to be thousands of companies out there.”

In highlighting the work Coinbase has done in becoming the globe’s largest cryptocurrency exchange custodian as a possible model to be emulated. He said the key was focusing on compliance with regulators and creating relationships with current financial institutions.

Setting a goal for his team, the CEO said he wnts Coinbase to have “have a billion people in say five to ten years accessing an open financial system through our products every day.”