Coinbase首席執行官Brian Armstrong說，比特幣（BTC）可能成為世界的儲備貨幣

在這裡，布萊恩·阿姆斯特朗（Brian Armstrong）在Coinbase Summit，Brian，很高興在這裡見到您。您放棄了一些新產品，但是您說了什麼

Here with Brian Armstrong at the Coinbase (NASDAQ:COIN) Summit, Brian, good to see you here. You dropped some new products, but there was something you said on stage that caught my attention. You said that Bitcoin could become the world’s reserve currency because of the US debt situation, which is ballooning. Now, how realistic is that?

在這裡，布萊恩·阿姆斯特朗（Brian Armstrong）在Coinbase（NASDAQ：COIN）峰會，Brian，很高興在這裡見到您。您放棄了一些新產品，但是您在舞台上說的話引起了我的注意。您說，由於美國債務狀況正在激增，比特幣可能會成為世界上的儲備貨幣。現在，這有多現實？

Well, it really is unclear at this point, but one thing that is clear is that democracies around the world are having trouble getting deficit spending under control. And you know, that can only, if you study history, right, the changing world order, different empires, like who had the reserve currency different moments in time, once you decouple currency from hard commodities, the inevitable story is they get overprinted and extend, right? And so I think right now, I, to be clear, you know, I want the US to maintain the reserve currency status. I think a strong America is very important for the world, and I think cryptocurrency is helping the dollar enormously with things like USDC and stable coins. But if the debt situation doesn't get fixed, I do think that eventually Bitcoin will have to become the reserve currency, for better or worse. It's not going to be the Chinese RMB because I think they have their own debt problems, and it's not a coincidence that as we're seeing all-time highs in US debt, we're seeing all-time highs in Bitcoin.

好吧，目前尚不清楚，但是很明顯的是，世界各地的民主國家都無法控制赤字支出。而且您知道，只有在學習歷史，正確，世界秩序不斷變化的帝國，例如誰在儲備貨幣上不同的時刻，一旦您將貨幣從硬商品中解散，不可避免的故事就會變得過度張開和擴展，才能吧？因此，我認為現在我認為，我知道，我希望美國保持儲備貨幣狀態。我認為強大的美國對世界非常重要，而且我認為加密貨幣正在用USDC和穩定的硬幣巨大幫助美元。但是，如果債務狀況沒有解決，我確實認為，無論好壞，比特幣都必須成為儲備貨幣。這不會是中國人民幣，因為我認為他們有自己的債務問題，這並不是巧合，因為我們看到美國債務的歷史最高點，所以我們看到了比特幣的歷史最高點。

We had a great chart in there too in your presentation, but what is the, what's the tipping point for that to happen. When debt hits a certain level, suddenly we have to worry about the world reserve currency being the US dollar?

您的演示文稿中也有一個很棒的圖表，但是什麼是什麼，這是什麼。當債務達到一定水平時，突然我們不得不擔心世界預備貨幣是美元嗎？

Yeah, I mean there's not usually, it's like one of these things like the frog is slowly cooked and you know, I think if you look at other countries in the past, it was maybe around 150% or 200% debt to GDP, things started to get a little wonky. And so we'll have to see what happens. I hope that the Congress, which is doing an amazing job by the way and on passing legislation in a bipartisan way for crypto, and this administration, the Trump administration, has been an incredible tailwind for crypto. They've done an incredible job. So, you know, I think there's a lot to be grateful for, but if I hope that, you know, the US government can get the spending under control to preserve this American experiment.

是的，我的意思是通常沒有，就像青蛙慢慢煮熟的那樣，我知道，如果您過去看其他國家，可能是大約150％或200％的GDP債務，事情開始變得有些奇怪。因此，我們必須看看會發生什麼。我希望，順便說一句，國會在以兩黨的方式為加密貨幣做出了出色的立法，而特朗普政府的政府對加密貨幣來說是一場令人難以置信的尾風。他們做得不可思議。因此，您知道，我認為有很多值得感激的事，但是如果我希望，如果我知道，美國政府可以控制支出以保留這項美國實驗。

Do you agree with with Elon that this tax bill that might pass, that could be the triggering point, that's the triggering point for potential economic crisis?

您是否同意埃隆（Elon）的同意，這本可能通過的稅收法案可能是觸發點，這是潛在經濟危機的觸發點？

You know, I'm not, so I'm reading both sides on this and I don't, I don't know enough to say for sure to be honest with you, you're a little, you're asking questions a little above my pay grade, but I think, you know, this bill, it doesn't have the full ability to touch on discretionary spending, there may need to be a follow-on bill to that. I hope that they're working on that and make the best they can of this bill, maybe there needs to be separate legislation to to cut spending elsewhere, I don't know.

您知道，我不是，所以我在這方面都在閱讀雙方，但我不知道一定要對您誠實，您有點誠實，您在提出的薪水等級略高一點，但我想，您知道，這筆賬單沒有完全觸摸可酌情支出的能力，可能需要在此範圍內做一個賬單。我希望他們正在努力並儘力而為，也許需要單獨的立法來削減其他地方的支出，我不知道。

What would a, what would a Bitcoin reserve currency mean to a company like Coinbase?

什麼，比特幣儲備貨幣對像Coinbase這樣的公司意味著什麼？

Well, it would certainly mean increased adoption of Bitcoin, right? I think that our goal is to power more and more of people's financial lives with Coinbase products and we started in trading, now we're moving into all kinds of financial services like payments and borrowing and lending. And eventually, I think crypto and Coinbase can be a replacement for people's bank account, right? I think that more and more of their financial life will happen on chain with Coinbase, and it'll being bring new benefits and services to customers. Like why shouldn't you earn four and a half percent on your checking account, or why can't you send money instantly any where in the world for free, or, you know, if you if you live in Turkey or Nigeria, why can't you trade US equities 24/7 with perpetual futures, right?

好吧，這無疑意味著比特幣的採用增加，對嗎？我認為我們的目標是用Coinbase產品為人們越來越多的財務生活，我們開始進行交易，現在我們正在進入各種金融服務，例如付款，借貸和貸款。最終，我認為加密貨幣和Coinbase可以替代人們的銀行帳戶，對嗎？我認為，他們的財務生活越來越多，將與Coinbase的連鎖店發生，並且將為客戶帶來新的收益和服務。就像為什麼您不應該在支票帳戶上賺到四百分之一半，或者為什麼不能立即免費向世界上免費匯款，或者，如果您住在土耳其或尼日利亞，為什麼您不能以永久性期貨24/7交易美國股票，對嗎？

It's logical, right?

這是合乎邏輯的，對嗎？

Yeah, I mean there, there's, sometimes there's artificial barriers and middlemen taking fees and like that's what crypto is all about, it's about updating the financial system, bringing freedom and individual sovereignty to people all over the world.

是的，我的意思是，有時候有人造障礙和中間商收取費用，就像加密貨幣所在，這是關於更新金融體系，為世界各地的人們帶來自由和個人主權。

I was reading some research on crypto from the JP Morgan team and they said the retail investor is looking for the next catalyst in Bitcoin. It made sense because it's been a pretty big year, we've had the Bitcoin (BTC/USD) reserve, we have companies like yours putting out new products. But is the next catalyst

我正在閱讀JP Morgan團隊對加密貨幣的一些研究，他們說散戶投資者正在尋找比特幣的下一個催化劑。這是有道理的，因為這已經很重要了，我們擁有比特幣（BTC/USD）儲備金，我們有像您這樣的公司推出新產品。但是是下一個催化劑