JAKARTA - Coinbase CEO Brian Armstrong has released exciting predictions for the crypto future by 2030. Armstrong estimates that there will be major progress in several aspects, including the use of a more measurable blockchain and increasing use of digital currencies around the world.
In an interview with Bankless, Armstrong predicts that by the end of the decade, there will be one billion digital currency users worldwide. He also estimates that the central bank digital currency (CBDC) will become more common at that time, and existing stablecoins will act as CBDCs in the United States.
Armstrong also estimates that other countries will follow El Salvador and make crypto a legal tender. He believes that by 2030, crypto technology startups will launch assuming cryptocurrencies will play a role in their core functions.
"In the past we called it a dot-com startup. But now you call it a startup. Every startup uses the internet. I think by 2030 there will be no crypto startup. It's just that every startup will use crypto in some way, shape, or shape, whether it's to raise money or collect payments from their customers or build their community or whatever," Brian Armstrong was quoted as saying by DailyHodl.
Armstrong also predicts wider crypto adoption and application innovation in Web3 space. He hopes that by 2030, one billion people in the world will access open financial systems every day through products such as Coinbase and others around the world.
However, Armstrong is also aware that there are many things that need to be resolved by 2030, including how countries regulate and oversee the use of crypto, as well as user security and privacy. Nevertheless, Armstrong is confident that major advances in crypto use will occur in the coming decades.
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