Armstrong Backs Bitcoin As The Future Of Finance

On July 29, Brian Armstrong, CEO of Coinbase, stated that “bitcoin is probably the best form of money ever created”. Indeed, this statement resonates in a context where bitcoin is regaining ground among institutions. As the crypto ecosystem is redefining itself, Armstrong reignites the debate on bitcoin’s monetary legitimacy and once again establishes himself as one of the most listened-to voices in the sector.

An Open Support for Bitcoin

While bitcoin has just reached 1000 billion dollars in market capitalization, Brian Armstrong declared that “bitcoin is probably the best form of money ever created”, in a video sequence shared on the social network X.

🔥 WATCH: Coinbase CEO Brian Armstrong says, “Bitcoin is probably the best form of money ever created.” pic.twitter.com/TvERSdc4yj

— Cointelegraph (@Cointelegraph) July 29, 2025

This statement comes at a time when the legitimacy of cryptos is still hotly debated, both by financial authorities and lawmakers. Armstrong, as the head of one of the largest exchange platforms in the world, does not settle here for an anecdotal comment: he offers a decisive judgment on the structural superiority of bitcoin.

The statement is not neutral, as it encompasses several fundamental dimensions of crypto ideology. Behind this declaration, Armstrong seems to reaffirm certain key values upheld by bitcoin since its creation. This quote notably suggests that bitcoin :

• Embodies a decentralized monetary model, escaping central banks and political manipulation ;

• Offers guaranteed algorithmic scarcity, which strengthens its function as a store of value ;

• Benefits from proven security and a global network, making it resistant to censorship and attacks ;

• Operates transparently on a public blockchain, enhancing trust without intermediaries.

These elements reinforce the idea that the asset, beyond its market performances, possesses structural characteristics that could justify its status as the “best form of money” in a long-term perspective.

More Than an Asset, a Monetary Vision

Beyond the simple statement, the words of Brian Armstrong suggest a much broader vision of the role bitcoin could play in the evolution of the global financial system.

Through this assertion, Armstrong goes beyond the technical or financial framework. He positions bitcoin as an alternative monetary standard, potentially superior to existing fiat currencies.

This statement, while it may seem excessive to some, reflects a conviction shared by many actors in the ecosystem: that programmed scarcity, resistance to censorship, and decentralization of bitcoin would make it a healthier currency than traditional fiat currencies subject to the discretionary monetary policy of central banks.

This speech comes at a time when the debate on sovereign digital currencies (CBDCs) is intensifying and where there is renewed interest in bitcoin as a safe haven, especially after a period of volatility in equity and bond markets.

By reaffirming his faith in bitcoin’s fundamental monetary qualities, Armstrong sends a clear signal to users, but also to regulators and institutional investors. He reminds them that behind the prices and daily fluctuations, bitcoin remains, in his view, a breakthrough monetary experiment.

By calling Bitcoin the “best form of money”, Armstrong takes a measured but real risk: that of explicitly aligning with a maximalist thesis, at a time when some regulators seek to reduce the influence of cryptos in the traditional financial system. This positioning could reinforce the polarization of the debate, but also open the way to alliances between actors of decentralized finance and defenders of individual monetary sovereignty.