Coinbase CEO: Bitcoin helps maintain the dollar's reserve currency status

TechFlow news, December 29 — According to Cointelegraph, Coinbase CEO Brian Armstrong recently stated that Bitcoin is helping the U.S. dollar maintain its global reserve currency status in a "strange way." He believes Bitcoin provides healthy competition for the dollar, acting as a market check against excessive inflation and deficit spending. U.S. national debt is nearing $38 trillion, growing by $6 billion per day. Although the Trump administration has established a strategic Bitcoin reserve, it currently only stockpiles seized Bitcoin.