Coinbase CEO won’t create a charity foundation
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Coinbase CEO Brian Armstrong, one of crypto's richest leaders, is taking an unusual approach to philanthropy. Despite a fortune that Bloomberg has tracked at around $9 billion this year, Armstrong says he has no plans to establish a traditional charitable foundation, arguing that some large philanthropic organisations can ultimately do more harm than Armstrong takes a contrarian view on philanthropyArmstrong, the co-founder and CEO of Coinbase, discussed his views on the Katie Miller Podcast, describing his position as a “contrarian view.”
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