CEO of Coinbase, Brian Armstrong, in an interview with Tech Crunch predicted that the number of people adopting digital currencies would grow enormously. The massive growth would be as a result of commercial organizations that were developing tokens with each rising day.
According to Amstrong, the number of people in the cryptocurrency ecosystem will grow from the current 40 million to 1 billion in the next five years,
Ever-confident, Armstrong declared that he saw Coinbase emerging with the same sort of success as that of the New York Stock Exchange. He also expressed that he thinks that the cryptocurrency industry will see exponential growth in the number of tokens in the market and that organizations will start to adopt the innovation and will develop their own cryptocurrencies.
“It makes sense that any company out there who has a cap table should have their own token. Every open source project, every charity, potentially every fund or these new types of decentralized organizations [and] apps, they’re all going to have their own tokens.”
He added that he could see Coinbase acting as the platform which will be globally recognized as “the bridge all over the world where people come and they take fiat currency and they can get it into these different cryptocurrencies”.