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The World Economic Forum in Davos took an unexpected turn this year, with cryptocurrency emerging as a central topic of debate and much of it revolves around US President Donald Trump. Coinbase CEO Brian Armstrong Says Trump Is ‘Forcing Everyone to Up Their Game’, whether they like it or Not.
Trump Forcing Everyone to Up Their Crypto Game
In a tweet post on X Coinbase CEO Brian Armstrong shared his key takeaways after attending the World Economic Forum (WEF) in Davos, where he met with world leaders, CEOs, and ministers.
Armstrong revealed that nearly every conversation he had at the forum revolved around Trump’s ambitious plans for digital assets. “President Trump is forcing everyone to up their game,” Armstrong stated, hinting at the pressure mounting on both traditional financial institutions and crypto firms to avoid falling behind.
As the CEO of Coinbase, a company equipped to assist governments with custody and trading services, Armstrong emphasized how these developments present an opportunity for Coinbase to play a vital role in shaping the global crypto landscape.
Crypto and AI Lead Discussions at Davos
Beyond Trump’s influence, Armstrong pointed out that cryptocurrency and artificial intelligence (AI) were the most talked-about topics at Davos. Many leaders are showing a growing interest in how crypto can increase economic freedom and support economic growth, especially in developing countries.
He highlighted the inspiration drawn from leaders like President Bukele of El Salvador and President Millei of Argentina, who have used crypto to benefit their economies.
Armstrong pointed out that “economic freedom is the future,” suggesting a global shift toward free-market ideas backed by blockchain technology.
Companies Rushing to Adopt Crypto
Armstrong also noted that big companies, including banks and payment providers, are quickly increasing their investments in crypto. These businesses are looking for ways to integrate blockchain technology and stay ahead in the market.
However, some challenges remain. For example, Goldman Sachs CEO David Solomon mentioned that strict regulations still limit what banks can do with Bitcoin.
Despite this, Armstrong believes these hurdles will eventually be overcome as the demand for crypto continues to grow.
What Does This Mean for Investors?
For many, Trump’s crypto push feels less like an opportunity and more like a mandate. As financial institutions race to keep up, questions linger about whether this forced acceleration will truly benefit the industry—or lead to unintended consequences.
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