Crypto Rails to Steal 10% of Global GDP by 2030? 🚀💰

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In a whimsical prediction that might make even the most ardent of skeptics chuckle, Coinbase CEO Brian Armstrong has heralded the dawn of a new crypto epoch. 🌅 He suggests that by 2030, a staggering 10% of the world’s GDP will be frolicking on the blockchain playground. 🎢

“Imagine,” he mused during Coinbase’s earnings call on February 13, 2024, “up to 10% of global GDP zipping along crypto rails by the end of this decade!” 🚂

Armstrong drew parallels between the current crypto integration frenzy and the early 2000s internet gold rush, suggesting that “onchain” is the new “online” – and we all know how that turned out. 🌐😉

If his crystal ball is correct, over $10 trillion will be tokenized or onchain, which is a number so large it might as well be crypto’s own Area 51. 🛸

With a twinkle in his eye, Armstrong promised investors that Coinbase will be the “chosen one” to help companies navigate this brave new crypto world, all while casually mentioning a Q4 revenue of $2.3 billion, up 88%. 💸

In a bold assertion that might make one wonder if he’s been spending too much time in the crypto mines, Armstrong declared the US – with its 30% share of the global GDP pie – will lead the crypto charge. 🇺🇸🚀

He praised the current US Congress for being the “most crypto-friendly” yet, which is either a testament to their forward-thinking or a sign of the impending crypto apocalypse. 🌪️

“The US is leading the crypto charge, and the rest of the world will have to catch up or face the digital equivalent of being left behind in the Stone Age.”

As if on cue, Federal Reserve Governor Christopher Waller called for stablecoin regulations, presumably to ensure that digital dollars don’t go haywire. 🤖💵

Looking ahead, Armstrong is all about “growing revenue” and “driving utility” in crypto’s new frontiers, which sounds like a man with a plan – or perhaps just a man with a crypto wallet. 💼

Coinbase’s quarterly earnings were a sight to behold, outpacing even the most optimistic projections. Either they’re onto something, or they’ve mastered the art of counting crypto sheep. 🐑

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2025-02-14 06:34