Coinbase CEO on bitcoin bottom, AI agents, and his war of words with JPMorgan CEO
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Coinbase CEO on bitcoin bottom, AI agents, and his war of words with JPMorgan CEO
"We'll fight it, and if we lose, we lose, we'll live — but it will be fought," Dimon said of the bill, which is headed for a full Senate vote. "No one's gonna bow down to this guy or that company," he added.
A spokesperson for Dimon at JPMorgan didn't return Yahoo Finance's request for comment on Armstrong's remarks.
Here are several key excerpts from our chat with Armstrong.
On the war of words with JPMorgan CEO Jamie Dimon
"I would love for that [meeting with him] to happen. My door is open whenever he is. But I don't think it's necessary to get actually the bill. At this point, the Senate has sort of told both of us, 'We're going forward in this direction, and you guys had to make a compromise. It hurt for both sides, but this is what we came up with.' And then hopefully it'll be on the president's desk in the next few months."
On his call that bitcoin has bottomed
"Well, nobody knows for sure on these things. But I think if you look at the past trends and just, you know, fear and greed indexes, if you just look at the past trends in bitcoin, I think we bottomed at $60K or so. A lot of things could drive growth of bitcoin here. I think market structure, legislation passing, I think some of these AI companies going public, because they've been soaking up a lot of the risk capital. So once these companies get public and the unlocks happen, like I think you'll start to see capital move back around."
On AI agents and investing
"Now there's this new layer happening with this agentic economy where we are increasingly relying on AI agents to get work done on our behalf. So they need to go buy goods and services. They need to hire teams of agents. That requires new financial infrastructure. So all of these trends mean that financial services are getting updated by crypto. And we are the best company in the world to do that because we store more crypto than anyone else."
This article has been published in finance.yahoo.com via Yahoo News.
Coinbase CEO on bitcoin bottom, AI agents, and his war of words with JPMorgan CEO
One-on-one with Coinbase co-founder and CEO Brian Armstrong.
finance.yahoo.com
