Brian Armstrong: Bitcoin Is More Independent Than Any Central Bank

[nihalsari]

That argument drew a sharp response from Brian Armstrong, who challenged the idea that central banks hold a monopoly on trust. Armstrong emphasized that Bitcoin has no issuer at all — no government, company, or individual controls it — making it, in his view, more independent than even the most autonomous central bank.

Rather than seeing Bitcoin as a threat, Armstrong framed it as a competitor. He argued that allowing people to choose between Bitcoin and central bank money creates accountability, particularly around deficit spending. Trust, he said, should ultimately be earned through use — not granted by institutional authority.

[madmax]

central banks hate competition, even when they say they dont

[JanEmil]

Bitcoin are controlled by less than 100 people. But yes they are not a company.

[Revenant]

Competition is the real issue here.

[The_Walking_Dead]

Trust shouldn’t be enforced by authority.

[Capybara_Capybara]

Bitcoin doesn’t ask permission.