Tag: complement traditional currencies

Bitcoin Benefits the US Dollar and Counters Inflation and Deficit Spending, Says Coinbase CEO Brian Armstrong

The post Bitcoin Benefits the US Dollar and Counters Inflation and Deficit Spending, Says Coinbase CEO Brian Armstrong appeared com. COINOTAG News reports on December 29 that Coinbase CEO Brian Armstrong argues that Bitcoin can be beneficial to the US dollar and may serve as a counterweight to inflation and deficit spending. He suggests that Bitcoin provides a decentralized store of value with capped supply, which could enhance a diversified macro toolkit. The stance underscores growing dialogues about whether digital assets can complement traditional currencies for institutions seeking hedges and resilience in volatile markets. Traders and policymakers should assess these claims with disciplined scrutiny, weighing Bitcoin‘s liquidity, regulatory developments, and diversification benefits as part of risk controls. The article emphasizes that digital assets may act as a complement to the US dollar rather than a replacement, encouraging institutions to integrate crypto exposure with robust governance and credible disclosure to avoid overtest assumptions. Source:.