Faryar Shirzad: 'There's a broader international debate about currencies'

CGTN Europe

While Bitcoin's recent decline is concerning, Coinbase Chief Policy Officer Faryar Shirzad emphasizes the fundamental advantages of cryptocurrency technology. He highlights its ability to facilitate the electronic movement of value, analogous to the ease of data transfer on the internet.

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00:00 I mean, there's a broader debate going on internationally about currencies, dollar supremacy,

00:05 and crypto is, I think, ultimately playing into that.

00:08 But crypto is simply a technology.

00:10 It's a mechanism by which individuals can move value and ultimately money electronically

00:16 as easily as they move information on the Internet.

00:19 And so how the new system reconciles with the old system, I think, will be a part of

00:23 an ongoing debate.

00:24 But the debate about dollar is not unique to crypto.

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