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2030: The Year When Crypto Will Capture 10% Of The Global Economy

8h05 ▪ 5 min read ▪ by Mikaia A.
Getting informed Event

Brian Armstrong has become inseparable from his visionary suit. Gone are the days when he whispered crypto in investors’ ears; now he preaches a financial revolution. The CEO of Coinbase announces a future where 10% of the global GDP will pass through the blockchain by 2030. A prophecy that, according to him, will come true thanks to a favorable regulatory wind in the United States. Contagious enthusiasm or sweet delusion? A dive into the predictions of a leader who sees far.

Cosmonaut planting a Bitcoin flag at the Earth Summit

Brian Armstrong and the great crypto prophecy

Brian Armstrong, the CEO of Coinbase, has traded his entrepreneur suit for that of a prophet. According to him, the blockchain will swallow 10% of the global GDP by 2030, an estimate that exceeds 10 trillion dollars. A comparison haunts him: that of the 2000s, when companies had to adapt to the Internet or die.

Today, it’s the turn of financial giants to embrace the crypto revolution or end up in the museum of extinct species.

Armstrong, never stingy with shocking formulas, hammers home: ” Onchain is the new online “. In other words, if your business is not on the blockchain, it is already has been.

For him, the growth of crypto relies on an unstoppable triptych: massive adoption, solid infrastructures, and clear regulation. Add to that an American Congress that has become ” the most pro-crypto in history “, and you have a cocktail ready to blow up traditional finance.

Coinbase in a financial explosion

In this dystopian-digital landscape, Coinbase plays the spearhead. The crypto exchange ended 2024 on a brilliant note: an 88% increase in its revenues in a quarter, reaching 2.3 billion dollars.

results-Q4 2024-Coinbase
Key results for Coinbase’s fourth quarter of 2024. Source: Coinbase

And what about net profit? An astronomical leap of 1,600% in three months, reaching 1.3 billion dollars. A performance that has even overshadowed the trials of the crypto winter and the abyssal drop in its stock price in 2023.

Investors, initially bewildered, ultimately praised this evolution. Coinbase is no longer just a trading platform; it is a robust infrastructure that relies on several pillars:

  • Diversified revenues, going well beyond just stablecoin interests;
  • A capacity to capture new uses of the blockchain;
  • An expanding user network.

As Jeff Roberts pointed out on X, the real challenge is to withstand future crypto winters. And Coinbase seems well-equipped for that.

Towards a planetary crypto adoption?

If Armstrong’s enthusiasm knows no bounds, it rests on a simple observation: the United States is about to define the rules of the game. Already, the American Congress is active on the regulation of stablecoins and market structure.

Even the Fed is getting involved: its governor Christopher Waller has called for a clear framework to allow banks to issue dollar-backed digital assets.

If the Americans show the way, Armstrong assures that the rest of the world will follow. Due to political pressure and economic competition, other nations may be compelled to embrace crypto adoption or risk being left behind.

For Armstrong, it is obvious: a new era is opening. As he already said last November:

This is truly the dawn of a new crypto era… “.

Revolution or mere publicity stunt? The future will decide.

Finally, Brian Armstrong believes that the United States will find the solution for crypto, provided they propose clear and stable regulation. An ambition that Donald Trump set during his campaign. It remains to be seen whether reality will follow the predictions of the blockchain prophet.

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Mikaia A. avatar
Mikaia A.

La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.