Bitcoin Lightning on Coinbase agenda, Brian Armstrong tells Jack Dorsey
Armstrong confirmed that Coinbase was looking into adding support for the Bitcoin Lightning Network and reassured its support for Bitcoin payments. Coinbase CEO Brian Armstrong has confirmed that the crypto exchange is “looking into” adding the Bitcoin Lighting network in its quest to advance crypto payments adoption worldwide. On July 28, Armstrong addressed the crypto community on Twitter (rebranded to X), highlighting the potential of cryptocurrencies to improve global payments infrastructure. He further suggested: “This will take lots of work from all of us, Coinbase included, getting layer 2’s integrated, better on-ramps, simpler UX/onboarding, etc.” Armstrong’s vision for global crypto payments was questioned by long-standing Bitcoin (BTC) supporters, including MicroStrategy founder Michael Saylor and Square CEO Jack Dorsey, given no mention of Bitcoin in the post, as shown below: The next step for crypto is to make payments instant and free globally. This will take lots of work...