Brian Armstrong, CEO of Coinbase, the largest publicly traded cryptocurrency exchange in the United States, issued an important statement to the international community on his social media accounts.
He talked about cryptocurrency wallets, their actual purpose and importance, which many users underestimate. The cryptocurrency community supported Coinbase’s CEO in the comments.
Mr. Armstrong’s important remarks
Coinbase CEO reminded the community that cryptocurrency wallets are not just for holding coins. There’s something much more to these devices than that. Armstrong’s statement is not about cryptocurrency wallets, but about cryptocurrencies themselves, where wallets appear as just an additional but essential tool.
For countries with struggling economies, crypto wallets serve as an “exit ramp” that is “accessible to everyone,” Armstrong tweeted.
Cryptocurrency wallets are an outlet from a failing local economy that is available to everyone.
— Brian Armstrong (@brian_armstrong) January 12, 2026
Armstrong champions crypto wallets as a borderless financial tool that allows users in unstable economies such as South Africa, the UK and the EU, which have experienced economic stagnation in recent years, to access cryptocurrencies and dollar-backed stablecoins and use them in global markets without intermediaries. Additionally, many experts say Bitcoin remains a stable store of value at a time when inflation has significantly reduced the purchase value of many fiat currencies. Many investors convert their savings to BTC to prevent their savings from going to zero.
Gold and silver are soaring, but what about Bitcoin?
Several crypto experts who have been accumulating Bitcoin have recently been talking about another promising asset that is rapidly rising in value: silver. Robert Kiyosaki, author of Rich Dad Poor Dad, and Jeremy DaVinci, an early adopter of Bitcoin, have been tweeting about Bitcoin recently.
Kiyosaki expects silver to soar to $100 soon and is currently stocking up, even selling some Bitcoin in November to buy more silver. DaVinci tweeted this week that while gold and silver are hitting new highs, unless the U.S. economy improves soon, Bitcoin will do the same.
According to Kiyosaki, the reason for these price increases is that “the dollar is dying.” He said Bitcoin would skyrocket “if they don’t do anything.”
You know #silver (all time high) and #gold (all time high) are going like this and the dollar is dying. If they don’t do anything, #bitcoin is next.
— Davinci Jeremy (@Davincij15) January 12, 2026
At the time of writing, Bitcoin is trading at $92,370 per coin after soaring to an all-time high of over $124,000 last year.
