Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong deemed Bitcoin (CRYPTO: BTC) an “inflation-proof” global money on Tuesday, following the network’s milestone of mining its 20 millionth coin.
Over A Century To Go
Armstrong took note of the feat, pointing out that only 1 million BTC remain to be mined, which would take over 100 years.
“Decentralized, inflation-proof, global money,” Coinbase’s top executive heaped praise on the $1 trillion-plus asset.
Armstrong, one of Bitcoin’s most vocal advocates, predicted it would hit $1 million by 2030.
The 20 millionth Bitcoin was mined yesterday. Now there are only one million new Bitcoins to be mined, which will take over 100 …Full story available on Benzinga.com
