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Coinbase CEO Predicts One Billion Crypto Users Within a Decade

May 2, 2022, 11:16 PM

Within a decade, 1 billion people will have used or tried crypto, up from about 200 million currently, Coinbase Global Inc. Chief Executive Officer Brian Armstrong said at the Milken Institute Global Conference on Monday.

“My guess is that in 10-20 years, we’ll see a substantial portion of GDP happening in the crypto economy,” Armstrong said, speaking at a session with ARK Investment Management LLC CEO Cathie Wood.

Brian Armstrong
Photographer: Michael Short/Bloomberg

His comments come at a time of turbulence in crypto markets. After hitting an all-time high of almost $69,000 in November, Bitcoin has been falling in value. The world’s biggest cryptocurrency ...