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27 July 2021

Coinbase's Brian Armstrong Is Defending Crypto | Live Bitcoin News

Coinbase's Brian Armstrong Is Defending Crypto | Live Bitcoin News


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Not too long ago, Jackson Palmer – the co-creator of the popular meme currency Dogecoin – issued a series of attacks on the cryptocurrency space, calling it inherently “right wing” and an arena that has allowed a bunch of people to build their wealth through “tax avoidance, diminished regulatory oversight and artificially enforced scarcity.” It looks like Brian Armstrong – the CEO of Coinbase, one of the largest crypto exchanges in the world – is not taking these words too kindly and has fired back.

The idea behind crypto and blockchain is that users would ultimately garner more financial freedom through the space’s offerings.

Unfortunately, Palmer clearly feels that the crypto space has become exactly like the monetary world it was designed to overtake, and that all it has truly done is make the wealthy even richer.

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