In an interview Tuesday with Bloomberg, Kraken CEO Jesse Powell claimed that layer-two solutions will in time make Bitcoin (BTC) as easy to use as the United States dollar. In addition to improvements in Bitcoin’s utilitarian nature, Powell suggested that the eventual timing of institutional investors getting on board would rely on a herd mentality, and recommended Bitcoin as a hedge against the U.S. Federal Reserve’s current manipulation of the dollar. Bitcoin utility will improve to match store of value Powell trumpeted Bitcoin’s success as a store of value. The predictable nature of issuance has seen many flock to BTC …

Coinbase chief executive Brian Armstrong says that company leaders are increasingly opting to avoid mainstream journalists by speaking directly to audiences on unmediated social media platforms. “Our customers are on YouTube/podcasts/social media — not reading mainstream media,” asserted Armstrong in a May 22 Twitter thread, adding that companies are now “able to control their own distribution channels” in the current media landscape. Publishing to our own blog/twitter/YouTube lets us say what is on our mind and talk to our customers — not get one quote in an otherwise balanced (or sometimes outright mean/snarky) article. Crypto exchange CEO avoids traditional media …