The Crypto Skeptic vs The Coinbase CEO | Brian Armstrong x Nikhil Kamath | People by WTF
I've said it before — I'm a crypto critic. I've never bought a Bitcoin, never held a stable coin, never traded a perp. So I sat down with Brian Armstrong, the CEO of Coinbase — the company that stores more crypto than anyone else on the planet — and asked him to explain the whole thing from scratch, like I was an idiot. What followed was the most patient walkthrough of this industry I've ever been given: what a blockchain actually is, why proof of stake replaced proof of work, how stable coin issuers make money, and why he believes fractional reserve banking — the foundation of every bank you'…