Armstrong explains that he was captivated by "the concept of a financial system that might limit the impact of middlemen and politicians", from the moment he read a paper in 2009 about a new cryptocurrency named Bitcoin. He was working as a software developer for Airbnb at the time, but, in 2012, he resigned and founded Coinbase, to make it easier for consumers to buy and store bitcoins.
Coinbase has since grown exponentially, to a point today where it holds 25 million client accounts, making it a viable rival to established banking institutions. Armstrong, remains adamant about taking the firm on to new and even greater heights. He has adopted a collaborative leadership style, and he is always pushing his staff to approach him and discuss their ideas.
To show our admiration for Armstrong’s hard work and collaborative leadership, we bring you a selection of his top quotes...
“In my experience the best founders develop a fighter mentality. Mark Zuckerberg was a fighter, and without that mentality Facebook would never have achieved its full potential.”
“Believe in people early. Give them the skills and environment to create prosperity.”
“Try something, try anything, it won't work, but try it again. Learn. If people keep doing that, a lot more startups will be created.”
“Coinbase stands ready to help as a resource for all those who would like to learn more about crypto, and help drive toward regulatory clarity, and innovation.”
“There’s a saying that the best way to predict the future is to create it. Hopefully we helped make the future happen a little sooner than it otherwise would have in the crypto space”
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Robbie Duncanson and the Pendleton team!