Coinbase CEO Brian Armstrong Calls Bitcoin “Somewhat of a Memecoin”: Implications for Cryptocurrency Market and Investor Perception
Coinbase CEO Brian Armstrong recently stirred the crypto debate by labeling Bitcoin as “somewhat a meme coin.” He argued that Bitcoin’s value relies more on community belief than on technology or utility, similar to how meme coins derive their worth from cultural significance. This commentary comes amid a significant downturn in the meme coin Market, ...