Age | 37 |
Place of birth | San Francisco, USA |
Description | Exchanges |
Alma mater | Rice University |
Known for | Founder of popular cryptocurrency exchange |
One big lesson learned from the survival of the Bitcoin industry is that big breakthroughs usually proceed ridiculed ideas. This was so for Bitcoin when it thrived and survived the many declarations of its end by over 379 articles. Now Bitcoin has become the most performing asset in the world.
Biography:
Brian Armstrong entered the cryptocurrency industry in 2012 when he became the co-founder and Chief executive officer of coinbase. Before that, Brian Armstrong was a software engineer, and in addition to that, he is now a risk manager, a consultant, and a crypto entrepreneur. In the world today, Coinbase happens to be the most popular cryptocurrency platform, and it has a net value of $1.6 billion. Today, Brain Armstrong is also a co-founder for a charity foundation known as the Givecrypto foundation. This foundation has raised four million dollars for poor people by cryptocurrency donations.
For the year 2019, a total number of eight million new users have been added over the total number of users in 2018. Since the platform was launched in 2012, it has generated about two billion dollars in trading fees. In late December last year, Armstrong was one of the instructors of the Andreessen Horowitz crypto startup school program that was scheduled for seven weeks.
The Coinbase platform is very friendly to those that are new to cryptocurrency; hence it is the most commonly used exchange for novices in the industry. It is no longer an unusual thing for newcomers to be found, making their first cryptocurrency purchase on Coinbase. However, this has caused an uproar among the regulatory bodies, thus giving Coinbase a great deal of pressure and scrutiny.