Armstrong emphasizes the role of hidden infrastructure in the crypto industry 

Source Cryptopolitan

Brian Armstrong, CEO of Coinbase, outlined his vision, arguing that cryptocurrency is set to evolve from a niche speculative asset into a core part of modern finance, to the point that even its harshest critics may end up using it daily without realizing it.

Sources familiar with the matter, speaking anonymously, said this shift relies on the quiet integration of blockchain into everyday digital activities like payments and identity verification.

Therefore, the situation suggests the possibility of this conversation shifting from the phrase “if ” people will utilize cryptocurrency to “how ” they will interact with this hidden framework. 

Armstrong emphasizes the role of hidden infrastructure in the crypto industry 

Reports from reliable sources stressed that Armstrong’s forecast moves from wishful thinking to strategic execution. To break this point down for better understanding, these sources noted that the industry executive’s vision represents a significant idea within the crypto industry, emphasizing that technology plays a crucial role in individuals’ daily lives.

Nonetheless, analysts conducted research and discovered that major innovations previously shifted swiftly from cutting-edge to invisible infrastructure. For instance, several internet users today rarely consider TCP/IP protocols when sending emails. 

Similarly, Armstrong expressed his strong belief that blockchain and cryptocurrency systems will transform into the hidden infrastructure for transferring digital assets.

Notably, this shift from a visible, sometimes unpredictable asset class to a daily essential tool serves as the cornerstone of his argument. Hence, reports suggested that critics who focus primarily on price movements could overlook the significant shift toward the practical use of crypto. 

Meanwhile, it is worth noting that experts often compare this situation to past industrial and technological transformations. Dr. Aisha Chen, a fintech historian at Stanford University, decided to comment on the matter. In a paper from 2024, Chen stated that, “We don’t say we’re ‘using HTTP’ when we browse the web”, further arguing that, “The user experience hides all the complicated details.” With this argument in mind, she suggested that blockchain development could adopt a similar approach.

Responding to Chen’s claim, crypto analysts noted that crucial initiatives aim to improve scalability and user experience to the point where the blockchain is downgraded from a core dependency to an optional feature.

Armstrong views technology advancements as a game-changer in the crypto world 

The crypto industry recently encountered several developments. Interestingly, these developments back Armstrong’s vision. To support this claim, sources noted that transparent regulations in key areas, such as the European Union’s MiCA framework and emerging US guidelines, create a conducive environment for developers.

Another example outlined was the advancements in layer-2 scaling solutions and zero-knowledge proofs, which are time-efficient and substantially reduce transaction expenses, hence facilitating micro-transactions.

Moreover, several institutions have demonstrated heightened interest in embracing these technologies, particularly for settling payments and tokenizing assets. This enables them to establish a solid foundation designed with user-friendly interfaces. 

Following this finding, Armstrong alleged that critics focus on challenges in the crypto ecosystem, such as price swings, the complexity of the technology, energy consumption, and illegal activities. However, he asserted that as technology continues to advance, it actively addresses these issues, arguing that proof-of-stake networks have addressed several environmental problems associated with energy consumption.

The smartest crypto minds already read our newsletter. Want in? Join them.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Ethereum slides below $3,000 as sellers defend $3,020 and $2,880 becomes the key lineEthereum fell below $3,000 after failing at $3,200, with resistance at $3,020 and key support at $2,880; a break lower could target $2,800 and $2,750, while a rebound needs $3,120–$3,150.
Author  Mitrade
Jan 21, Wed
Ethereum fell below $3,000 after failing at $3,200, with resistance at $3,020 and key support at $2,880; a break lower could target $2,800 and $2,750, while a rebound needs $3,120–$3,150.
placeholder
Gold moves away from record high as safe-haven demand fades on easing trade war concernsGold (XAU/USD) is seen extending the previous day's modest pullback from the vicinity of the $4,900 mark, or a fresh all-time peak, and drifting lower through the Asian session on Thursday.
Author  FXStreet
Jan 22, Thu
Gold (XAU/USD) is seen extending the previous day's modest pullback from the vicinity of the $4,900 mark, or a fresh all-time peak, and drifting lower through the Asian session on Thursday.
placeholder
Bitcoin Slides Into Weekly Close as Bulls Confront $86K Price TestBitcoin has started to lose momentum as U.S. futures prepare for opening, with markets bracing for anticipated volatility catalysts. The cryptocurrency witnessed multi-day lows leading up to the end of the week, as investors face a looming period of macroeconomic uncertainty.
Author  Mitrade
Yesterday 02: 42
Bitcoin has started to lose momentum as U.S. futures prepare for opening, with markets bracing for anticipated volatility catalysts. The cryptocurrency witnessed multi-day lows leading up to the end of the week, as investors face a looming period of macroeconomic uncertainty.
placeholder
Cardano Price Forecast: ADA Selling Pressure Builds, Putting $0.27 Back in FocusCardano trades near $0.34 after three weeks of declines, with Binance futures open interest down to $108.55M and bearish RSI/MACD signals keeping risks tilted toward $0.32 and potentially $0.27.
Author  Mitrade
Yesterday 06: 19
Cardano trades near $0.34 after three weeks of declines, with Binance futures open interest down to $108.55M and bearish RSI/MACD signals keeping risks tilted toward $0.32 and potentially $0.27.
placeholder
Santiment Says XRP and Ethereum Look “Undervalued” on 30-Day MVRVSantiment says XRP and Ethereum sit in a 30-day MVRV “undervalued” zone, with XRP at -5.7% and ETH at -7.6%, while Bitcoin is listed at 3.7% and XRP has rebounded above $1.9 after dipping to $1.8 on Sunday.
Author  Mitrade
1 hour ago
Santiment says XRP and Ethereum sit in a 30-day MVRV “undervalued” zone, with XRP at -5.7% and ETH at -7.6%, while Bitcoin is listed at 3.7% and XRP has rebounded above $1.9 after dipping to $1.8 on Sunday.
goTop
quote