Bitcoin News Today: Coinbase CEO Pushes Bitcoin as Superior to Gold in Value and Utility

Coinbase CEO Brian Armstrong has intensified his advocacy for Bitcoin as a superior form of money compared to gold, emphasizing the digital asset’s advantages in divisibility, portability, and efficiency [1]. Speaking at the World Economic Forum and in media interviews, Armstrong argued that Bitcoin’s digital properties make it a more practical and modern store of value than traditional assets such as gold, which face logistical constraints and are difficult to move across borders [2].

According to Armstrong, Bitcoin’s fixed supply and digital nature provide a compelling case for its adoption as a global monetary asset. He noted that the cryptocurrency is already the best-performing asset over the past decade and urged institutions to consider allocating a portion of their reserves to Bitcoin [3]. These remarks align with growing institutional interest in the digital asset, as more organizations explore its potential as a hedge against inflation and a tool for financial diversification [4].

Armstrong’s position is not only theoretical but also operational. Coinbase has been actively increasing its Bitcoin holdings, purchasing $292 million in the second quarter of 2025 and continuing a policy of weekly acquisitions [5]. This strategy suggests a deepening integration of Bitcoin into the company’s long-term financial planning, reinforcing Armstrong’s public stance.

The CEO has also highlighted the importance of regulatory clarity for widespread Bitcoin adoption. In a separate statement, he criticized the U.S. Securities and Exchange Commission (SEC) for its handling of the crypto industry and called for a reevaluation of its approach [6]. This reflects the broader challenges facing Bitcoin’s integration into traditional financial systems, where regulatory uncertainty remains a significant barrier.

Armstrong’s advocacy positions Bitcoin as a direct competitor to gold and other traditional reserve assets. As governments and institutions reassess their financial strategies, the digital currency could play an increasingly prominent role in the evolution of global monetary systems [7]. Analysts are watching closely to see how these developments may shape the future of financial policy and market structures.

Source:

[1] https://phemex.com/news/article/coinbase-ceo-brian-armstrong-advocates-bitcoin-over-gold_14530

[2] https://www.ainvest.com/news/bitcoin-news-today-coinbase-ceo-argues-bitcoin-outperforms-gold-modern-money-2508/

[5] https://twitter.com/pattyc717745

[6] https://cryptodnes.bg/en/news/others/page/23/