Woofun AI reports that Coinbase CEO Brian Armstrong addressed criticism from Zcash founder Zooko regarding the promotion of gambling-like features on platforms such as Binance. Armstrong asserted that adults possess the right to manage their finances without causing harm, arguing that risk is subjective and early Bitcoin investments were similarly perceived as speculative.

Armstrong conceded that targeting inexperienced users with high-risk products is inappropriate. He proposed solutions including transparent information disclosure, AI-driven financial literacy tools, and personalized registration settings. He maintained that societal consensus, not private entities, should determine permissible behaviors in areas like sports prediction markets.