This is Squawk Pod. I'm C. NBC producer Katie Kramer today on our podcast

The crypto economy. One big listing for coin base, one giant leap for crypto kind.

It's honestly a remarkable site to see, largest direct listing ever.

Coinbase co-founder and CEO Brian Armstrong on a watershed moment.

Hopefully, CoinBaste going public and having its direct listing is going to be viewed as kind of a

landmark moment for the crypto space where, hey, this technology is here to stay.

What coin base actually is, why it matters. Hey, this technology is here to stay.

What Coinbase actually is, why it matters,

and where we can all go with crypto.

People no longer need to be scared of it like in the early days.

Now there's so many legitimate use cases and this is a

regulated financial service business. I think the focus is going to be more

on the future about how can we really leverage this opportunity to create more

jobs, more economic growth, more economic freedom.

And what exactly can crypto do?

Will it replace money?

You know, you could make an analogy.

It's like we have paper mail in the US,

but we also have email.

And some people when email first came out, they thought,

hey, email's completely replaced paper mail.

Well, that didn't turn out to be the case.

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