BlockBeats news reports that Coinbase CEO Brian Armstrong has shared his thoughts on the negative effects of excessive government spending, particularly in relation to elections. He suggests a possible solution could be a constitutional amendment to limit total government spending to 10%, or to find a way to align incentives to make unbalanced budgets less appealing to politicians.
Armstrong cites Berkshire Hathaway’s Warren Buffett as someone who has previously argued against unbalanced budgets.
