The post Bitcoin is a Check and Balance on Inflation, Says Coinbase CEO Brian Armstrong appeared on BitcoinEthereumNews.com.

Haliey Welch says she only lent her name to HAWK, denying any control over the project’s launch or operations. She claims she was misled by the team, lacked crypto knowledge, and trusted the wrong people. After the crash and backlash, Welch was cleared by authorities and now warns others to avoid similar ventures. Coinbase CEO Brian Armstrong believes Bitcoin is a viable alternative that helps to stabilize the US economy. In his latest post on X, Armstrong noted that the cryptocurrency helps to control US inflation. Bitcoin is a check and balance on inflation. When spending gets too far out of hand, capital moves to Bitcoin. Competition benefits customers, and this applies even in the market for money. In this way, Bitcoin will help preserve dollar dominance. https://t.co/vyYDuZe2YN — Brian Armstrong (@brian_armstrong) March 20, 2026 According to Armstrong, Bitcoin is a check and balance on inflation, serving as an outlet for capital whenever spending gets out of hand. Armstrong adopted the idea that competition benefits customers, stating that the same applies in the money market, enabling Bitcoin to serve as a tool to preserve dollar dominance. Armstrong made his position on Bitcoin’s relevance to the US dollar known following news that the US national debt has reached a new all-time high of $39 trillion. This has led to increased government spending, which surged to over $3.4 trillion for the fiscal year.  Related Article: Why Bitcoin Has Not Acted as a Traditional Hedge During Conflicts, Inflation, and Tariffs Bitcoin is Stable Despite Crashing US Stocks Notably, the surging national debt is compounded by the ongoing war in Iran, which is also taking a toll on US stocks. As of Saturday morning, the S&P 500 dropped 1.51% to 6,506.48, its lowest close in 2026, while the Dow fell 1% to 45,577.47, and…

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Filed under: News - @ March 21, 2026 4:21 pm