Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
The Daily Hodl
No Result
View All Result

Coinbase CEO Outlines Biggest Barriers to Mass Adoption of Bitcoin and Cryptocurrency

by Daily Hodl Staff
August 31, 2020
in Blockchain, Regulators
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎

Chief executive of crypto exchange Coinbase sums up the top hurdles to widespread adoption of Bitcoin and cryptocurrency.

In a podcast with investor Patrick O’Shaughnessy, Brian Armstrong shares what he believes to be the biggest thorns on the side of the crypto industry.

“I think there are challenges just in terms of scalability, usability, and then privacy, and security on these blockchains. If we go from dial-up to broadband and all those kinds of things, that will be a huge unlock.”

Armstrong also emphasizes the need for clear regulatory frameworks to catalyze wider crypto adoption.

“There’s definitely some regulatory component to it. Right now there are a lot of startups that are trying to be created…. A lot of the regulatory environment is still unclear for them about ‘is this a security, what kind of security regulations might we trip up if you do this’ and so there’s all these kinds of different exemptions and stuff that people are trying to jump through hoops to try to make it work.”

The Coinbase head also mentions that the crypto exchange is working on a project to remove some of the challenges crypto startups face as they navigate through token issuance, custody, and governance.

“So we’re trying to think about how we at Coinbase can help that. We’re working on a project. We’ll probably call it ‘Coinbase Launch’ or something like that. But it’s a way for anyone who wants to do a crypto startup to come in and say ‘alright I want to issue a token, maybe I want to raise money, maybe I just want to use it to build my community,’ and just hand hold people through that process and help them with the custody of it. Help them create the smart contracts. Help them with the governance issues… That could be a huge unlock for the crypto economy as well, to get a thousand new crypto startups built like that.”



Check Latest News Headlines


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Anucha Naisuntorn

Submit a Press Release

Crypto Livewire – Press Releases

  • Cryptocurrency to Fight Cancer: From Bitcoin to Altcoins
    January 26, 2021
  • How Traders Are Gaining by Holding Crypto: Staking Tron (TRX) and Cardano (ADA)
    January 21, 2021
  • QuiverX to Integrate Chainlink Proof of Reserve To Power Transparent, Decentralized Crowdfunding
    January 15, 2021
  • The Online Family Office and High Net Worth Blockchain Conference
    December 22, 2020
  • How Blockchain Empowers Wuhan’s Digital Economy Growth – World Blockchain Conference
    December 14, 2020
Submit a Guest Post
Bitcoin
$30,864.00
$30,864.00
3.05%
Ethereum
$1,305.89
$1,305.89
0.49%
Polkadot
$15.83
$15.83
5.45%
XRP
$0.255280
$0.255280
3.19%

Spotlight

  • JP Morgan Offers Three Reasons Investors Should Consider Bitcoin Despite Its Unconventional and Highly Volatile Nature
    January 22, 2021
  • Bitcoin a Potentially Revolutionary Asset Set To Match Gold’s Risk Measures, Says Senior Bloomberg Analyst
    January 26, 2021
  • Six Crypto Assets Have Skyrocketed More Than 100% in Just One Week
    January 20, 2021
  • Select Group of Altcoins Are Set To Explode, Says Crypto Trader Elliot Wainman
    January 24, 2021

DON’T MISS A BEAT

Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options

By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2021 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro

© 2020 The Daily Hodl

We use cookies to give you the best online experience possible. Continue browsing if you are happy with that, or see how to manage cookies.