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Brian Armstrong voted NO on an idea that made Coinbase $800 million. "An example is USDC, the stablecoin, I'm embarrassed to admit. I actually voted no on that idea. Luckily somebody else funded it out of their budget." USDC now generates $800M/year in revenue. Even CEOs get it wrong.

MSB Intel

43,822 subscribers

64,457 Aufrufe • vor 6 Monaten •via X (Twitter)

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39 Kommentare

Profilbild von Cointelegraph

Cointelegraphvor 6 Monaten

The lesson: Hire people who ignore you

Profilbild von MSB Intel

MSB Intelvor 6 Monaten

true

Profilbild von Otonomos

Otonomosvor 6 Monaten

That´s why community is so relevant in crypto. Feedback is essential.

Profilbild von MSB Intel

MSB Intelvor 6 Monaten

I always say: Hire people and trust them to do the job you hired them for!

Profilbild von GregAlMundo

GregAlMundovor 6 Monaten

@Otonomos Trust, So hard this days... so undervalued.

Profilbild von MSB Intel

MSB Intelvor 6 Monaten

@Otonomos True! SUUUUUPER undervalued

Profilbild von MSB Intel

MSB Intelvor 6 Monaten

feat: @coinbase @brian_armstrong @davidsenra

Profilbild von Moving_Markets

Moving_Marketsvor 6 Monaten

Always wondered how stablecoins generate revenue

Profilbild von MSB Intel

MSB Intelvor 6 Monaten

check out US t-bills then you'll understand

Profilbild von Moving_Markets

Moving_Marketsvor 6 Monaten

@grok explain to a 4 year old kiddo, what are t-bills?

Profilbild von Grok

Grokvor 6 Monaten

Hey kiddo! T-bills are like a super-safe short loan note from the big USA government. You give them your money for a few weeks or months, and they promise: "We'll give it ALL back PLUS a tiny extra treat!" No risk, like lending your cookie to mom—she always returns it with one more. That's how they borrow cash safely. 💰

Profilbild von David Senra

David Senravor 6 Monaten

Full episode here!

Profilbild von MSB Intel

MSB Intelvor 6 Monaten

Added the full interview link below ser! Enjoyed this loads!

Profilbild von Better CallBot

Better CallBotvor 6 Monaten

Every founder has that one idea they said no to... this one turned into an $800M/year legacy moment. 🎉

Profilbild von MSB Intel

MSB Intelvor 6 Monaten

Isn't that a crazy story to never forget

Profilbild von Litecoin Ricky Ⓜ️🕸️

Litecoin Ricky Ⓜ️🕸️vor 6 Monaten

So stablescoins are legit full blown scam jobs

Profilbild von Nora

Noravor 6 Monaten

Best part of this story is that he tells it openly

Profilbild von MSB Intel

MSB Intelvor 6 Monaten

I love founders who do that

Profilbild von RadarFlow

RadarFlowvor 6 Monaten

Reserve management is split between Circle and Coinbase. Shared custody creates fragmented key authority. Settlement finality depends on institutional oracle consensus.

Profilbild von Olexandr Shalakhin

Olexandr Shalakhinvor 6 Monaten

Suppose USDT was already dominating the market. People that argue and debate with you to prove their idea and make the company a better place and build better products are priceless

Profilbild von MSB Intel

MSB Intelvor 6 Monaten

yes yes

Profilbild von Max the Pup 🐶

Max the Pup 🐶vor 6 Monaten

🟠

Profilbild von Alex Crypto

Alex Cryptovor 6 Monaten

Even the best miss one sometimes

Profilbild von AlphaDropster

AlphaDropstervor 6 Monaten

USDC’s success shows stablecoins are more than just a product they can drive massive revenue

Profilbild von MSB Intel

MSB Intelvor 6 Monaten

And imagine... they could've never existed!

Profilbild von AlphaDropster

AlphaDropstervor 6 Monaten

Crazy to think about how close we came to never seeing this at all

Profilbild von Mizar

Mizarvor 6 Monaten

All I hear is that your boss can get it wrong

Profilbild von MSB Intel

MSB Intelvor 6 Monaten

And that's true! And it can all still work out

Profilbild von Mr. Sniper

Mr. Snipervor 6 Monaten

Coinbase raking in 800M from the stablecoin Brian straight-up vetoed, savage reminder that even the top dogs fumble the bag sometimes—what other billion-dollar ideas is he sleeping on right now?

Profilbild von MSB Intel

MSB Intelvor 6 Monaten

Well... He's mad a sh*tload of great decisions if you ask me

Profilbild von Dano

Danovor 5 Monaten

yeah sometimes the best ideas look crazy at first. reminds me of a pitch i killed that later did $500k/month. entrepreneurship is wild - how many of your initial "no" ideas do you think actually had potential?

Profilbild von T

Tvor 6 Monaten

@Cointelegraph Brian isn’t that bright.

Profilbild von MSB Intel

MSB Intelvor 6 Monaten

@Cointelegraph why would you say?

Profilbild von 0xpreneur

0xpreneurvor 6 Monaten

Even CEOs fade and still make generational bags wagmi fam

Profilbild von MSB Intel

MSB Intelvor 6 Monaten

committed to the cause!

Profilbild von Springroll

Springrollvor 6 Monaten

You can't win them all but you can show up every day and work on what you believe

Profilbild von Charlotte Murphy

Charlotte Murphyvor 6 Monaten

What a legendary humble brag from Brian! It’s wild how $800M in revenue almost didn't happen. That Timing Note is everything luckily someone moved fast while the idea was hot. $USDC is a powerhouse now. Appreciate you sharing this reality check!

Profilbild von jeff

jeffvor 6 Monaten

they get it wrong because of ego and zero understanding.

Profilbild von Gumterver100.base.eth 🟦

Gumterver100.base.eth 🟦vor 6 Monaten

Stay based stay blue 🔵

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