Why does Brian Armstrong (CEO of Coinbase) keep talking about instant & free global payments, when that already exists? [SERIOUS]

Brian Armstrong posted this tweet yesterday:

The next step for crypto is to make payments instant and free globally.

This will take lots of work from all of us, Coinbase included, getting layer 2's integrated, better on-ramps, simpler UX/onboarding, etc.

A magic threshold would be getting the average payment under 1 cent and confirmed in under 1 second. I think we'd see orders of magnitude more payments move to crypto if we can achieve that.

Today, crypto has the potential to improve global payments infrastructure, but it hasn't yet delivered on that promise as we're largely still stuck on layer 1. Payments are like water, they flow to the path of least resistance.

https://twitter.com/brian_armstrong/status/1684281133658431488

And yet, Nano has fulfilled this exact role since 2015, and Brian Armstrong even knows about it. Key features of Nano:

• ZERO transaction fees

• Fastest cryptocurrency (<500ms full-settlement)

• Meaningfully decentralized

• Minimal operating costs

• Deterministic finality

• Fully distributed with a fixed supply

Why is there such a mismatch in Coinbase's stated philosophy vs the cryptocurrencies they support?

One of Nano's biggest issues is accessibility - a lot of big exchanges don't support it, so it's difficult to use for global payments/remittances outside of specific niches. But Coinbase itself could play a huge role in fixing this!