Brian Armstrong defends Bitcoin in tiff with French central banker

What is Bitcoin’s role in the global monetary system? That question sparked a tense exchange between Coinbase CEO Brian Armstrong and French central bank governor François Villeroy de Galhau at the World Economic Forum in Davos, Switzerland this week. “Bitcoin is the greatest accountability mechanism on deficit spending,” said Armstrong. “If we lose public control over money, you lose a key function of democracy,” returned Villeroy. The rapid-fire exchange between Armstrong and Villeroy de Galhau at D ...