Coinbase discusses prospects for a growing pandemic

Coinbase cryptocurrency exchange held a meeting at which issues of the functioning of the site during total quarantine were examined. The head of the company Brian Armstrong noted that the crisis time affects all sectors of the economy, which may soon require additional financial assistance from the state, even despite the incentive measures that have already been taken. “In a sense, we were even lucky, since we, as a techno-company, can continue to work, while almost all sectors of the economy are suffering,” Brian Armstrong said, emphasizing that bitcoin is the asset that society needs in such difficult times, because it is protected from inflation and is a global tool. However, according to the head of the crypto platform, one should not rely on too much in the current market situation.

“There are new priorities. We all must put our safety and the safety of our families at the forefront and ensure the normal course of business activity, ”he said.

It is worth noting that the company is making plans for the future, for example, its representatives are confident that it will soon be possible to integrate Coinbase services into modern payment systems, as well as help attract investors to the crypto industry.