‘Bitcoin’s market cap will surpass gold in year…’: Coinbase CEO predicts

Calling out cryptocurrency Bitcoin as a “better form of money” than fiat currency and gold, crypto exchange Coinbase CEO Brian Armstrong says Bitcoin’s market cap is expected to cross gold in the next 5-10 years, suggesting countries to build Bitcoin reserves. Bitcoin currently has a market cap of nearly $2 trillion while gold’s estimated market cap is $18.5 trillion.

“Bitcoin is a better form of money. It has the decentralization and scarcity of gold, but better divisibility, portability, and (i think) even fungibility. It’s relatively harder to tell if gold is pure, or contains some lead in the middle of the bar,” said Armstrong in a post on X.