Coinbase Global Inc. (NASDAQ:COIN ) CEO Brian Armstrong deemed Bitcoin (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.
Brian Armstrong Says Mining Next 1 Million Bitcoin Will Take Over 100 Years, Coinbase CEO Hails BTC As 'Decentralized, Inflation-Proof'
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Coinbase CEO Brian Armstrong called Bitcoin 'decentralized, inflation-proof' on Tuesday after the network mined its 20 millionth BTC; Armstrong said about 1 million BTC remain and estimated mining them will take over 100 years.
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