# Brian Armstrong: “Capitalism Lifts Everyone Up”

Page: https://stenobird.com/podcast/sourcery-6853139/brian-armstrong-capitalism-lifts-everyone-up
Text version: https://stenobird.com/podcast/sourcery-6853139/brian-armstrong-capitalism-lifts-everyone-up.md
Podcast: [Sourcery](https://stenobird.com/podcast/sourcery-6853139)
Published: 2026-06-26T10:00:00+00:00
Episode link: https://podcasters.spotify.com/pod/show/sourcery/episodes/Brian-Armstrong-Capitalism-Lifts-Everyone-Up-e3l9l5j
Audio file: https://anchor.fm/s/f192713c/podcast/play/121999987/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-5-25%2F426843315-44100-2-b70d783a479d.mp3
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JSON: https://stenobird.com/v1/public/podcasts/sourcery-6853139/episodes/brian-armstrong-capitalism-lifts-everyone-up
Duration seconds: 3472

## Resource

Brian Armstrong, Co-Founder and CEO of Coinbase, sits down with Sourcery backstage ahead of the Coinbase System Update. We cover tokenized equities, an SEC-registered AI agent advisor, and the unified global liquidity approvals that bring Coinbase's offshore and US order books together. Brian explains why 4 billion people remain unbrokered, how the Everything Exchange works, and where pre-IPO perps fit as nearly $4 trillion in new IPOs come to market. On AI: 1,200 full-time agents now work at Coinbase, team sizes are shrinking to as few as 1 person, and intelligent routing to open source models is flattening the company's AI cost curve. Brian also gets into economic freedom, his time in Argentina, accredited investor reform, the New York Times, and the mentors he leans on. Brian Armstrong: https://x.com/brian_armstrong Molly O’Shea: https://x.com/MollySOShea Sourcery: ⁠ https://x.com/sourceryy 𝐄𝐏𝐈𝐒𝐎𝐃𝐄 𝐋𝐈𝐍𝐊 YouTube: https://youtu.be/XLfNlShdATI 𝐒𝐏𝐎𝐍𝐒𝐎𝐑𝐒 • Brex —The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. https://brex.com/sourcery • Turing —Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. https://turing.com/sourcery • VCX —VCX is the public ticker for private tech, allowing investors of all sizes to invest in venture capital. View The Portfolio at http://GetVCX.com • Deel —Deel is the global people platform that helps startups hire, manage, pay, and equip anyone, anywhere. Trusted by more than 35,000 fast-growing companies, Deel is the people platform that just works, so teams can scale without the chaos. Visit: https://www.deel.com/sourcery • Pub…

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## Transcript

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