Brian Armstrong @brian_armstrong Co-founder & CEO at @Coinbase Co-founder @GiveCrypto Building an open financial system for the world. Join us: coinbase.com/careers Nov. 28, 2019 1 min read

Electronic music didn't make people stop playing the piano.
Streaming video didn't stop people from going to theaters.
Email didn't replace the thoughtfulness of a hand written letter.

Technology is often additive (not just disruptive).

Similarly, cryptocurrency will enable a new, more open, financial system (the cryptoeconomy) that is largely additive to the traditional financial system that exists today.

Put another way, cryptocurrency will be both a complement and substitute to finance 1.0, but what proportions of each remains to be seen.

Would be interesting if someone came up with a way to quantify where various technology revolutions lie on this spectrum.


You can follow @brian_armstrong.



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