There is a narrative in crypto land that you are either in the “crypto is money” camp or the “crypto is tech” camp. This blog post from Erik Torenberg sums that up pretty nicely.
The interview below is from TechCrunch Disrupt a week or so ago. Brian Armstrong, founder and CEO of our portfolio company Coinbase, was interviewed by Fitz Tepper.
There are a couple points in this interview where Brian is presented with a version of that narrative. For example Fitz asked Brian “are you a tech company or a finance company.”
I like how Brian acknowledges that framework but ultimately concludes that the answer is neither, that Coinbase is a crypto company and that crypto is both tech and money.
I am of that view as well and I am glad to see leaders in the crypto sector articulating it.