Coinbase CEO Brian Armstrong wants to 'overthrow some corrupt dictators'

05 Apr, 2019
by Joeri Cant
Exchange
Coinbase CEO Brian Armstrong wants to 'overthrow some corrupt dictators'

Coinbase CEO Brian Armstrong took the time to organize an 'Ask Me Anything' session on Youtube, where he aswered a variety of questions in regards to the future ambitions of Coinbase. One answer stood out a mile.

During a live streamed AMA session on Youtube, Coinbase CEO Brian Armstrong was asked about the most ambitious thing Coinbase wants to do in the next five years.

The 36-year-old Coinbase CEO read aloud the relatively expected question, 'What’s the most ambitious thing Coinbase wants to do in the next five years? Any weird moonshot stuff?'

His answer, on the other hand, was entirely not expected.

'One of the ambitious things is like, with GiveCrypto, we want to give 100,000 people in Venezuela a little bit of crypto like in the next, you know, roughly 12 months. And so, I want to see if we can spark a bunch of uses there and actually have a country in the world tip. In other words, like 50 percent or more of all transactions in the economy are happening in crypto. Like, that would be amazing.'

'Maybe, you know, honestly like overthrow some corrupt dictators in the world, that would be awesome.'

Read more: What can you buy with Bitcoin?: 2010 vs 2023

Although, Armstrong's first part of the answer is still well within the range of expectations, that second part seems to be way out of reach.

A mission statement that says 'Overthrowing corrupt governments all over the world' is just not something you see every day as a 5-year plan of any company, let alone a San Francisco-based cryptocurrency exchange.

To be fair, the 47-minute long AMA, is worth your time, however, if you want to skip straight into this bizarre answer, go to the 36:45 mark in the video below.

Brian Armstrong himself asks you to let him know what you think about the AMA. We already did.

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