A Quote by Brian Armstrong

We need to be held to a higher standard because digital currency is so new and interesting and powerful that it is attractive to a lot of people out there to try to steal it.
Earlier, physical currency used to dominate. Now, mobile currency or digital currency is dominating. For digital currency, fintech is very crucial.
I just think, obviously as players, we're held to a higher standard. I've had to watch myself on that, but I think if we're held to higher standards, the owners should be held to even higher standards.
The regulator banned cryptocurrency... then there was an order from the Supreme Court. So, in the absence of any strong law, it was very important for us to come out with a comprehensive law-one for the private digital currency and second for the government for its digital form of currency, or the virtual currency.
People try to read a lot into what 'digital' means. It's just another platform. There are very attractive things that happen if you invest in content - movies, TV production, acquired series, specialty genres, digital distribution of our magazines, sports rights.
Many countries are looking at the virtual currency and the digital currency. Now, the issue is a virtual currency by the government, digital currency by the government that is one area to look but on the other hand, there are private cryptocurrencies as well.
People have asked why the new currency introduced was different in size and thickness from the old. This is because the new currency has been designed to make it hard to counterfeit. When you are going to make a change of this magnitude, you need to get the best standards in place.
As accelerators reach higher and higher energies, we may need a new Standard Model, or, at least, today's may need to be modified, but that's the way science operates.
It's important to understand how Coinbase thinks about regulation and compliance in the digital currency space. As an exchange, we view compliance as key to digital currency's success.
When I was on tour, people would say "We don't need a value-based currency, we can go out and buy gold and silver with US dollars now." I mean that it is so utterly brain dead, because they miss the whole point: the reason we need to have a gold and silver based currency is to bring discipline to the financial system so the government can't go out and do all sorts of bad things.
I think something like three-quarters of American currency is held abroad, by drug dealers, by tax evaders, Russians and Chinese. Other people think that they want to protect themselves against their own currency going down. When you have 75% of the currency and even more of the high-denomination $100 bills held abroad, you wonder whether these are people we really want to pay. If you get rid of the $100 bills, its foreign holders will be the main losers.
What I do believe happens in a lot of these cases is that we somehow want to place blame on the victim for their behavior or that they brought it upon themself. As law enforcement official, you are held to a higher standard. You are expected to execute your job in that regard.
Sometimes people who are Jewish are held to a higher standard which sometimes we take great pride in.
Elected officials have always been held to a higher standard, as we should be.
We try never to have pictures of our children in the magazines, because there are strange people out there. But the paparazzi try to steal pictures.
If you look at women in sports, they generally have to be more qualified because it is kind of a man's world. Guys will give guys a lot more breaks than a woman. I'd argue that women make fewer mistakes and are held to a higher standard. I think the ultimate respect you can pay to a woman in my business is you're my equal.
My belief is that the vast majority of people using digital currency today are not seeking to evade taxes. They are simply investors seeking returns and people interested in a nascent new technology.
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