Coinbase CEO Brain Armstrong conducted a live YouTube AMA today from the company’s New York offices. Presumably, he’s in town for blockchain week, which brought him away from the San Francisco headquarters.
Armstrong answered several questions in the session, beginning with one regarding “community trust ratings” for altcoins. Armstrong said that crypto is much like the internet: as more options emerge, better mechanisms of finding the actual high-quality projects need to come along. He pointed out that Yahoo began by manually indexing the web, but later things like PageRank started. He likened the experience to shopping and the issues associated with customer reviews.