At the World Economic Forum in Davos on January 21, 2025, Coinbase CEO Brian Armstrong positioned Bitcoin as a superior store of value compared to gold for governments.

In an interview with CNBC, Armstrong reflected on attending Donald Trump's inauguration, calling it the 'dawn of a new day for crypto'.

He noted key developments such as the rise of Bitcoin ETFs, increased stablecoin payments, and interest from Fortune 500 companies in crypto initiatives.

Armstrong emphasized Bitcoin's potential to enhance the efficiency of global financial systems, promoting financial freedom.

Expressing optimism, he highlighted the new administration's ability to create clear regulations and crypto-friendly legislation, which could lead to significant investment and innovation in the sector.

Looking ahead, Armstrong expects executive orders from the administration that will push U.S. government agencies to work on clear crypto regulations.

He hinted at potential partnerships, such as integrating USDC transfers into Elon Musk's X platform, indicating a pro-crypto stance in global finance.

Armstrong described the current state of crypto as still in 'infancy', highlighting the excitement surrounding its growth.

Key initiatives may focus on attracting investment, supporting startups, and ensuring the right to own Bitcoin and use custodial wallets without fear of persecution.

In December 2024, Armstrong publicly opposed the U.S. government's decision to sell its Bitcoin holdings, advocating for their retention as a long-term strategy.