Coinbase CEO Tries to Woo Trump Admin with Anti-Tax Rant

Coinbase CEO Brian Armstrong has made waves again by appearing on a right-wing podcast and criticizing California's plan to tax billionaires, calling it an 'unconstitutional asset seizure'. This move follows his previous threat to leave California in 2021, which was later contradicted by the company signing a new lease on office space in San Francisco.

Armstrong's appearance on the Katie Miller Podcast has sparked criticism from the crypto community, who accuse him of attempting to ingratiate himself with the Trump administration. Coinbase has been accused of supporting Republican politicians and donating to initiatives backed by the White House, including a poorly thought-out military parade in June.

During his appearance on the podcast, Armstrong made several bold claims, including stating that 'there's millions of crypto voters' and that AI does not need regulation. However, he provided no evidence for these claims, and they have been met with skepticism by experts in the field.