CoinbaseGlobal Inc.(NASDAQ:COIN) CEOBrian ArmstrongdeemedBitcoin(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...
Login or create a forever free account to read this news
Sign up/Log in
