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Coinbase CEO on Crypto Surge, Bitcoin Futures, IRS

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Coinbase CEO Brian Armstrong discusses the rise in cryptocurrencies, bitcoin futures, customer service glitches and working with the IRS on tax issues. He speaks on “Bloomberg Technology.”

 

 

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Comments

  1. Mark Beckwith says:

    ETH as a payment network? Sorry Bri, you don’t seem to know what you are talking about.

    1. Phillip Winslow says:

      Looks it’s you who doesn’t know what you’re talking about.

  2. Roy Maitland says:

    Trezor! Hold your own!

    1. youcanttunafish says:

      Exaactly. Mine is all in my Ledger Nano S. Still, they can track your transactions…

  3. Bob Flathers says:

    pretty funny you can glance at the price and think ‘oh this was a couple of days ago’

    1. Frank R. says:

      Bob Flathers yup almost hit 20k in the past 48hrs

  4. Ricardo Martinez says:

    Brian Armstrong is the most ignorant person in the crypto space.

    1. RimZ Malik says:

      yeah that’s why his site has over 13m users

    2. Ricardo Martinez says:

      just because there is overwhelming demand for bitcoin, that doesn’t mean his company or there service is good. they are shitty exchange currently engaged in trying to turn crypto into a centralized paypal 2.0. just go read all his moronic tweets. he consistently shows himself to not understand crypto, and he is always on the wrong side of every issue facing the bitcoin community. he is an idiot.

    3. sparkleswhenlit says:

      Ricardo Martinez…. Your argument makes sense, I’m interested to know an alternative? Also, Would you use a hardware wallet like Trezor?

    4. Logan Huynh says:

      I think “idiot” is a strong word. Though, I agree he is leaning towards the wrong side.

  5. Ryan Stark says:

    The IRS gets a copy of your transactions. USA land of the free where you have to prove your innocence.

    1. Ed says:

      No, it wasn’t just the profile picture. It was your inane opinion that the freest first world country in the world is in some sort of “disaster”. Well, with a little hard work I was able to move from lower class to upper-middle class, which is what the “American Dream” and “Land of the free” represent. I can profile you because I was a kid before too, and I know that most kids want to cling on to a cause so they can claim to be part of a team. Some don’t grow out of this. I hope for your sake that some day you do.

    2. Jonybalony1 says:

      Ed lol he deleted his comments

    3. Sean Ryno says:

      Daniel Tax evasion is self defense.

  6. Data Juggler says:

    I would say a better analogy would be bitcoin is like .com, and all the other currencies are like .net, info, .whatever.

    1. Super Bowl Dave says:

      Bitcoin is Google, the Alts are the Internet.

  7. Nando N says:

    Bitcoin is gold, Ethereum is oil

    1. Lucid Explore says:

      Igor quick mafs

    2. Katerina Malone says:

      stop with your hype and speculation. no one knows what it’s going to be in 6 months even. if you knew it would go from $10 to $300 I bet you would be retired by now.

    3. Huyen Thu says:

      Coinbase is the world’s most popular way to buy and sell bitcoin, ethereum, and litecoin.
      click here http://bit.ly/2z3xbIt to sign up and get FREE BTC Worth $10

  8. Don Hicky says:

    DO NOT USE COINBASE they are a very bad company

    1. Squidward says:

      why?

    2. Paulo Chan says:

      Perhaps this might give you some idea.

      http://make-online-money.net/coinbase

  9. minimaxx21 says:

    Litecoin !

  10. Andy M says:

    How do you tax something the Government hasn’t admitted is tangible? And……how does the Government tax on profits that occurred outside the US?

    1. Jonybalony1 says:

      You tax it the same way you tax any other asset. 25% tax of your profits whenever you convert it back into USD. If you’re a US citizen you are still required to pay taxes on transactions outside the US. If you don’t there are possible criminal penalties.

  11. JCP says:

    CoinBase is going to die in the end. Its fleecing customers with high changes and they will leave in floods one day. Cut the charges and build loyalty before its too late.

    1. stevenjm12 says:

      JCP agree. And no customer support. No reason to ever trade on coinbase

    2. BodyCount says:

      It’s a noob portal. Charging noobs high fees is their entire business model lol.

    3. Wally Martinez says:

      I %100 agree dude. They need to not just be the new currency trading system but act like it

    4. Cynthia Mason says:

      The only thing I had a problem with is bitcoin fees. Ethereum and Litecoin fees I was okay with. I believe Bitcoin is so high because of the network.

  12. Mick Beauford says:

    LISTEN TO THE BLOOMBERG ZIONIST NEWS MAKING SURE THAT THEIR COLLABORATORS AT THE FEDERAL RESERVE KEEP SKIMMING PROFITS FROM THE IRS. BEFORE THE IRS AND THE FEDERAL RESERVE, THERE WAS LITTLE TO NO FEDERAL INCOME TAX, AND NOW THE MIDDLE CLASSES ARE GETTING IT UP THE YAHOO FROM THESE SCHEISTERS. WAKE UP, PEOPLE. THESE ZIONIST MONSTERS ARE USING YOU (THE AMERICAN CITIZEN) LIKE A PIGGY BANK FOR THEIR GREATER ISRAEL PROJECT.

    1. Roni's World says:

      Mick Beauford f off hater

    2. Max Edlund says:

      Mick Beauford amen brother. amen

  13. Ben Jamin' says:

    she has no idea whats going on in the space

    1. youcanttunafish says:

      If I hear “the space” one more time, I’m gonna puke.

    2. fa de says:

      She may not know this topic yet but she is way smarter than you

    3. WilmBeachHouse says:

      And she is better looking.

    4. jeff swanson says:

      Nor does he — in operational or presentation terms.

  14. David Sarif says:

    It saddens me to read the endless stream of comments about ‘BTC is better than, ETH is better than…’.
    I believe every cryptocurrency has their strengths and weaknesses. This isn’t about which one is better. This is about unveiling the current system of economics, finance and corruptness.

  15. momentinpassing says:

    So.. The IRS is repaying people for capital losses due to the inflation robbed from their purchasing power by the FED counterfeiting the shitty alt coin known as the US dollar faster than increases in productivity and demand for it?

    1. Jonybalony1 says:

      momentinpassing boohoo 1.5% inflation a year. Deal with it. Nobody requires you to keep your net worth in cash it’s actually discouraged.

    2. Jonybalony1 says:

      momentinpassing The USD was still on the gold standard before 1933 so that’s complete bullshit. Using the average inflation rate for an almost hundred years period also shows your lack of understanding. Inflation recently has hardly moved above 2%. Not to mention anybody with an elementary understanding of personal finance can beat inflation. Just buying CDs from a bank will literally negate inflation. “Grown ups” don’t keep the bulk of their net worth in cash.

    3. momentinpassing says:

      Again, your facts are wrong. Your motives are trash. You’ve avoided the theft of productivity gains for a second time. You give no value. So I’ll leave you to your willful ignorance.

    4. Jonybalony1 says:

      momentinpassing You don’t even know what productivity gains are. I’ll give you a hint, they don’t triple inflation. None of the facts I posted are incorrect. Your YouTube degree isn’t worth anything in the real world.

  16. BITCOIN PATRIOT says:

    He looks like a newborn baby

    1. Lucid Explore says:

      BITCOIN PATRIOT lex luthor

  17. Tampatec says:

    so many negative comments about coinbase makes me nervous to invest, him looking like lex Luther doesn’t make my decision any easier 🤔

    1. YoyoCuber says:

      This is like the safest company for investing in crypto lmao

    2. Total Bullion says:

      Coinbase is a great place to start, not to mention they actually have a physical address is San Francisco. If they rip you off, you know where to throw the Molotov Cocktail HAHA!

    3. inmaniak says:

      GDAX is owned by Coinbase, you know that right?

    4. YoyoCuber says:

      billypunte GDAX is owned by Coinbase, it’s their exchange

  18. AFINO says:

    WE NEED SEGWIT – WTF

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