Coinbase CEO Brian Armstrong shared one of his favorite lessons learned from “working with smart people,” advising a bias toward action as the surest route to clarity. He explained that if a person is unsure of the right path, they should simply “do anything, even if it’s the wrong thing.” Armstrong stressed that taking action is what ultimately provides the information necessary for people to gain clarity on what they should actually be doing.One of my favorite lessons I’ve learnt from working with smart people:Action produces information. If you’re unsure of what to do, just do anything, even if it’s the wrong thing. This will give you information about what you should actually be doing.He acknowledged the simplicity of the advice on the surface, noting that there also a challenge.“Sounds simple on the surface – the hard part is making it part of your every day working process,” he added.

Coinbase moving to Texas

Armstrong’s advice on decisive action comes days after the world’s largest Bitcoin exchange announced a significant strategic move: the decision to leave Delaware and reincorporate in Texas. Coinbase Chief Legal Officer Paul Grewal confirmed the move, citing growing concerns over legal unpredictability in Delaware and seeking a more innovation-friendly environment in the Lone Star State.“This decision was not made lightly, but we’ll always do what’s best for our customers, our employees, and our shareholders,” Grewal wrote in a post on X (formerly Twitter), confirming the filing of paperwork with the US Securities and Exchange Commission (SEC).Coinbase’s exit aligns the crypto giant with other forward-thinking tech and finance firms, including Tesla and SpaceX, which have also recently relocated their corporate bases.The move closely follows a public warning by Tesla CEO Elon Musk, who has criticized Delaware’s legal system as being hostile to innovation. Musk previously declared: “Delaware is the Titanic. Texas is the lifeboat.”