SBITM

Coinbase Global Inc. founder Brian Armstrong had a personal fortune of $13.7 billion as recently as November and about $8 billion at the end of March. That’s now just $2.2 billion, according to the Bloomberg Billionaires Index, after a selloff in digital currencies from Bitcoin to Ether triggered a precipitous decline in the market value of Coinbase, the largest US cryptocurrency exchange.
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Despite tough times looming, Silicon Valley investors say things could be worse.

It’s hard to believe there are more technological advances every year, but that’s certainly the case. At some point, it’s natural to think there can’t be any more steps forward. Things have to be as efficient and cost-effective as possible in 2022, right?

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