Brian Armstrong, the CEO of Coinbase, a San-Fransisco based crypto exchange has revealed three things he believes the crypto industry need for mass adoption to take place. According to Armstrong, mass adoption of crypto and blockchain depends on volatility, scalability and usability.
Coinbase CEO Held Live Ask-me-Anything (AMA)
The CEO revealed this via an ask-me-anything (AMA) session he ran recently. In the 45-minute AMA, he answered some selected questions submitted by the crypto community.
The first question he addressed then, was on the potential for mass crypto adoption. It was in response to this question that the Coinbase’s CEO said that a cryptocurrency can achieve mass adoption by improving scalability and usability while reducing volatility.
As regards volatility, Armstrong said that as long as the crypto markets keep swinging dramatically, traditional investors will find it a bit difficult to get enter into the market. As a result, the market needs to be stabilized. The use of stablecoins, for example, has…