Opinion: Cryptocurrency is the future of currency

Coinbase CEO Brian Armstrong published a blog post titled "The Future of Money is Here - And It's Cryptocurrency" on the company's website on Tuesday. Brian Armstrong stated that after major market adjustments, the value of cryptocurrency has increased by 90% this year, with trading volume surging 60% in the fourth quarter. Armstrong pointed out that currently there are 425 million people worldwide owning cryptocurrencies, and 83% of G20 countries and major financial centers have implemented or are formulating regulations to provide certainty for this industry. With such scale and momentum, innovation will build upon itself. Moreover, Armstrong emphasized that cryptocurrency will not only exist but it is the future of money; illegal activities hindering its progress in this industry have been overcome and compliant growth has arrived.