The CEO of Coinbase, Brian Armstrong, recently shared his reflections on the growing interest in the pieces even on X (formerly Twitter). He said that, apart from a few test trades, he actively exchange the parts even.
Armstrong suggested that the same parts could possibly play a role in wider uses as the market is evolving.
The CEO of Coinbase weighs on coins
Armstrong Drew parallels between the pieces even and the first internet phenomena as animated GIFs in his declaration. He suggested that if certain coins may seem frivolous or even problematic today, they could become something more precious over time.
“Even Bitcoin is somehow a piece of meme (you could say that the US dollar, once it has been disconnected from gold)”, it declared.
According to the CEO of Coinbase, Coins symbolize a future where everything will be tokenized and brought to the head. This could include publications, images, videos, songs, asset classes, user identities, votes, etc. He suggested that they could possibly help serve ends too early to predict.
“So we should be opened on the coins of meme coins,” said Armstrong.
However, Armstrong also addressed some of the emerging negative trends in the same currency space. He particularly underlined the rise of the initiate offense. The last token Being accused of this is balanced. The token has aroused substantial criticism and prosecution against people involved in the promotion.
He warned that such activities are illegal and can have serious consequences.
“In all crypto cycles, there is a quick crowd that comes and goes, and learns this lesson to the hard. Do not violate the law! And do not try to become rich quickly, ”noted the CEO.
In particular, Armstrong too Describe the Coinbase approach In the coins, by emphasizing the commitment of the platform towards the principles of the free market.
“If our customers want it and it is legal, we aim to let them make this choice for themselves,” he said.
However, Armstrong said that The role of Coinbase is to provide Precise and impartial information to help users make informed decisions. While the exchange would remove fraudulent tokensThis would allow low quality parts to stay. He underlined user reviews and community comments as a guide for users.
Sparks Coinbase Same Coin Specula
Meanwhile, X users noted that the post had come in the middle of growing speculation around Coinbase launching a new piece of memes called PiRoc.
“Coinbase drops a coin and 24 hours later, Armstrong publishes its reflections on coins and their current state”, a user wrote.
Yesterday, Claudia Haddad, project manager at Coinbase, shared a tutorial demonstrating how to bring data from tokens in a chain. The tutorial used FROC as an example. THE Same corner was launched via the Clanker platform.
The Coinbase Wallet X account also republished this video. In addition, the exchange added Clanker at its roadmap todayfeed more speculation.
However, no official token approval was made. Despite this, users interviewed Coinbase’s intentions.
“A coinbase has created a meme, thrown on their social, waiting for Degens to run with it. There is almost no chance that they did this involuntarily, and they will push this, just as Binance did for the test, ” poster a user.
The situation establishes parallels to the previous experience of Binance. Earlier this month, the BNB team shared a tutorial with a Token test called TST.
This has led to a significant increase in token prices. However, the former CEO of Binance said that it was not an official launch of tokens but simply an example.
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