<ul data-eligibleForWebStory="true"><li>Coinbase CEO and entrepreneur Paul Graham express belief in Bitcoin as a potential world reserve currency.</li><li>Brian Armstrong sees Bitcoin as a hedge against governments' struggles with deficit spending.</li><li>Armstrong is optimistic about Bitcoin's mass adoption and its potential to act as a universal reserve currency.</li><li>He suggests Bitcoin might become the new reserve currency if deficit spending gets out of control, leading to people seeking it in times of uncertainty.</li><li>Paul Graham supported Armstrong, stating his early Bitcoin purchases were aimed at it potentially becoming a global store of value.</li><li>Graham confirms his Bitcoin holdings over the years, indicating his belief in its future prospects.</li><li>Bitcoin's current value is $105,566 per coin, having recovered from weekly losses.</li><li>The market will ultimately determine if selling pressure remains contained over the weekend.</li></ul>

These Two Billionaires Are Convinced that Bitcoin Could Become a World Reserve Currency

Discover more