{"id":84481,"date":"2023-09-14T10:16:34","date_gmt":"2023-09-14T07:16:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=84481"},"modified":"2025-09-12T17:37:02","modified_gmt":"2025-09-12T14:37:02","slug":"coinbase-ceo-calls-bitcoin-the-most-important-asset","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/coinbase-ceo-calls-bitcoin-the-most-important-asset\/","title":{"rendered":"Coinbase CEO calls Bitcoin the &#8216;most important&#8217; asset"},"content":{"rendered":"<p>The chief executive of Coinbase, Brian Armstrong, has dubbed Bitcoin the &#8216;most important&#8217; cryptocurrency, while confirming the exchange&#8217;s plan to integrate the <a href=\"https:\/\/forklog.com\/en\/news\/lightning-network-faster-cheaper-bitcoin-transactions\">Lightning Network<\/a> (LN).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The team did a great job digging into this, and we&#8217;ve made the decision to integrate Lightning. Bitcoin is the most important asset in crypto and we&#8217;re excited to do our part to enable faster\/cheaper Bitcoin transactions. Will take some time to integrate so please be patient. <a href=\"https:\/\/t.co\/FneeXkLI25\">https:\/\/t.co\/FneeXkLI25<\/a><\/p>\n<p>\u2014 Brian Armstrong ?\ufe0f (@brian_armstrong) <a href=\"https:\/\/twitter.com\/brian_armstrong\/status\/1701806701853507886?ref_src=twsrc%5Etfw\">September 13, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8216;The team did a great job digging into this, and we\u2019ve decided to integrate Lightning,&#8217; said the exchange&#8217;s chief.<\/p>\n<\/blockquote>\n<p>He added that implementing the L2 network would take &#8216;some time&#8217; and urged users to be patient.<\/p>\n<p>Armstrong&#8217;s remarks followed consultations on implementing LN.<\/p>\n<p>The Block&#8217;s head, Jack Dorsey, asked Coinbase co-founder why he continues to ignore Bitcoin and Lightning.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re looking into how to best add Lightning. It\u2019s non-trivial, but I think worth doing. I\u2019m all for payments taking off in Bitcoin.<\/p>\n<p>Not sure why you think we\u2019re ignoring Bitcoin \u2014 we\u2019ve onboarded more people to Bitcoin than probably any company in the world.<\/p>\n<p>Let\u2019s build it\u2026 <a href=\"https:\/\/t.co\/9dFGYd6XZt\">https:\/\/t.co\/9dFGYd6XZt<\/a><\/p>\n<p>\u2014 Brian Armstrong ?\ufe0f (@brian_armstrong) <a href=\"https:\/\/twitter.com\/brian_armstrong\/status\/1686596515765362688?ref_src=twsrc%5Etfw\">August 2, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8216;We\u2019re looking into how best to add LN. It\u2019s non-trivial, but I think it\u2019s worth integrating. I\u2019m for payments taking place in Bitcoin,&#8217; Armstrong replied.<\/p>\n<\/blockquote>\n<p>According to LookIntoBitcoin data, the capacity of the Lightning Network for microtransactions has grown over the past year, but began to soften in mid-summer. At the time of writing, the figure stood at 4,745 BTC ($124.3 million).<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"656\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Look-Into-Bitcoin-Lightning-Capacity-2-1024x656.png\" alt=\"Look-Into-Bitcoin-Lightning-Capacity-2\" class=\"wp-image-215841\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Look-Into-Bitcoin-Lightning-Capacity-2-1024x656.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Look-Into-Bitcoin-Lightning-Capacity-2-300x192.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Look-Into-Bitcoin-Lightning-Capacity-2-768x492.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Look-Into-Bitcoin-Lightning-Capacity-2.png 1140w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Capacity of the Lightning Network. Data: LookIntoBitcoin.<\/figcaption><\/figure>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/binance-integrates-lightning-network\">Binance<\/a>, Bitfinex, Kraken, OKX \u0438 BitMEX \u0443\u0436\u0435 <a href=\"https:\/\/github.com\/theDavidCoen\/LightningExchanges#readme\">have integrated<\/a> Lightning Network.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase CEO Brian Armstrong called Bitcoin the most important cryptocurrency, while confirming the exchange&#8217;s plan to integrate the Lightning Network.<\/p>\n","protected":false},"author":1,"featured_media":84482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[757,138,325],"class_list":["post-84481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-brian-armstrong","tag-coinbase","tag-lightning-network"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=84481"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84481\/revisions"}],"predecessor-version":[{"id":84483,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84481\/revisions\/84483"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/84482"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=84481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=84481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=84481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}