Brian Armstrong, the CEO of Coinbase has stated that Bitcoin offers a healthy competition to the US dollar. This pressures government officials to adhere fiscally and preserves the US currency’s dominance.
“[Bitcoin] provides a check and balance on the dollar in the sense of if there’s too much deficit spending or inflation in the US, people will flee to Bitcoin in times of uncertainty,” Armstrong argued In an interview with Rick Rubin, Rick Rubin discussed Tetragrammation on Thursday.
“It might be okay to have 2-3% inflation if the economy is growing at 2-3% but if inflation outstrips the growth of the economy, you’ll eventually lose the reserve currency status, and that would be a massive blow to the United States.”
Bitcoins (BTCHe claimed that ) keeps the dollar under control by making sure the Federal Reserve, and the financial regulators do not take actions which could damage the US economy’s confidence.
“So I actually think in a strange way, Bitcoin is helping extend the American experiment,” The Coinbase boss has concluded.
Bitcoins are good for USD
This creates a healthy competition for the dollar and helps provide a balance to high inflation. pic.twitter.com/iHjQCJVqCb
— Brian Armstrong (@brian_armstrong) December 28, 2025
America’s Debt is Growing at $6B Per Day, Nearing $38T
US national debt has boomed to $37.65 trillion, and is now rising by $70,843 per second — or nearly $4.25 million per minute — according The debt dashboard of the US Congress Joint Economic Committee.
Early October is the best time to start planning for your trip. JPMorgan touted Bitcoin The gold standard “debasement trade” The dollar is experiencing increased volatility.
Bitcoin has risen to $126.080 but has since dropped 30% to $88,210. Meanwhile, gold continues its rise and reached its new high Friday of $4,545 per ounce.
Trump signed an Executive Order establishing a Strategic Bitcoin Reserve In March, several US senators suggested that a particular move could help reduce the country’s growing debt.
The Reserve currently stockspiles Bitcoin without having purchased any. Bitcoin Act of 2025 bill — which purports to support the SBR — is still in the early legislative stages in Congress.
The dollar’s dominance may be better preserved by stablecoins
Some industry experts argue that Bitcoin is not the only currency to play a role in securing the US dollar as a reserve currency. Stablecoins also have an important part.
Related: Crypto sentiment holds ‘extreme fear’ for 14th straight day
Sandeep Nilwal, Polygon Foundation’s CEO, says stablecoins pushes the US Dollar into the hands worldwide of both individuals and business. said last month.
“Dollarisation 2.0 is happening in real time — from LatAm to Africa, entire economies are being rewired around digital dollars.”
US has passed the GENIUS Act In mid-July, one of the most comprehensive frameworks for stablecoins was seen to date.
Market for stablecoins is currently booming sits At $312.6 Billion, the US Treasury predicted in April that it would hit $2 trillion by 2028.
Magazine: Quantum attacking Bitcoin would be a waste of time: Kevin O’Leary
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Source: cointelegraph.com
