Coinbase CEO and co-founder, Brian Armstrong, has predicted Bitcoin to outpace the US dollar adoption by 2030 as a global reserve currency.
The big prediction, however, came in a little tweet. One could see it as an enthusiastic gesture from the head of one of the world’s biggest Bitcoin startups, for he didn’t provide any roadmap to dethrone the greenback. He, however, ensured that Coinbase has a “rough plan” to accelerate Bitcoin adoption in future.
Many will find this crazy, but I think bitcoin could surpass the dollar as reserve currency within 10-15 years.
— Brian Armstrong (@brian_armstrong) July 24, 2015
As IB Times reported in this well-sketched article, the comments from Armstrong has arrived just after the reports of BNP Paribas incorporating Bitcoin into its currency funds. The France’s largest bank has indeed raised hoped for a wider digital currency adoption, for it currently works through its three strategical verticals: Retail Banking, Corporate and Investment Banking, and Investment Solutions. Each of these units could utilize the potential of Bitcoin in one way or another. But can this report — alongside many others — could inspire Armstrong to predict the sluggish demise of the world’s leading reserve currency?