---
title: "Creating 'Net-New' Gold With Alchemy Becoming Real: Coinbase CEO Says You Can't 'Invent Anything' That Raises Bitcoin Supply"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/303175951.md"
description: "Coinbase CEO Brian Armstrong highlighted Bitcoin's fixed 21 million supply cap, contrasting it with the growing ability to manufacture lab-grown diamonds and gold. He emphasized that unlike these synthetic materials, Bitcoin's supply cannot be increased. This view was supported by Anthony Pompliano. The article notes that altering Bitcoin's cap requires a network-wide hard fork, reinforcing its status as 'digital gold' amidst recent price fluctuations."
datetime: "2026-10-27T05:54:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/303175951.md)
  - [en](https://longbridge.com/en/news/303175951.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/303175951.md)
generator: "portal-rs"
---

# Creating 'Net-New' Gold With Alchemy Becoming Real: Coinbase CEO Says You Can't 'Invent Anything' That Raises Bitcoin Supply

**Coinbase Global Inc.** (NASDAQ:COIN) CEO **Brian Armstrong** contrasted on Monday **Bitcoin’s** (CRYPTO: BTC) immutable 21 million supply cap against the growing ability to manufacture diamonds and even gold in labs.

## Armstrong Touts Bitcoin’s Finite Supply

Armstrong said on X that the lab-grown diamond industry is “growing rapidly” and creating net-new gold is also becoming “real.”

The global lab-grown diamonds market size was valued at $24 billion in 2022, and is projected to reach $59.2 billion by 2032, growing at an annualized rate of 9.6% from 2023 to 2032, according to Allied Market Research.

Similarly, San Francisco startup **Marathon Fusion** said last week it transformed liquid mercury into stable gold atoms.

“But you can’t invent anything that will increase Bitcoin supply. There will only ever be 21M,” Armstrong argued.

Unsurprisingly, **Anthony Pompliano**, CEO of **ProCap Financial Inc.** (NASDAQ:BRR) and a long-time Bitcoin advocate, agreed with Armstrong’s take.

> True
> 
> — Anthony Pompliano 🌪 (@APompliano) October 26, 2026

 **Read Also: 'Value Investor' Bets $1M That Bitcoin Will Reach $100,000 Before $60,000** 

## Can the Cap Be Altered?

Bitcoin’s open-source protocol and software code include the 21 million limit.

This rule is enforced by every independent full node on the Bitcoin blockchain. To raise the cap, the entire decentralized network would have to voluntarily adopt new rules via a hard fork.

Because of its fixed supply, Bitcoin is often seen as "digital gold," and some, including Armstrong and Pompliano, view it as an alternative to precious metals.

**Price Action**: As of this writing, BTC is down 0.30% in the last 24 hours to $79,775, according to Benzinga Pro. 

 **Read Also: Bitcoin Can Retake $125,000, Galaxy Says: ‘The Crowd Has Left’** 

*Photo Courtesy: bitz100 on Shutterstock.com*

### Related Stocks

- [BRR.US](https://longbridge.com/en/quote/BRR.US.md)
- [COIN.US](https://longbridge.com/en/quote/COIN.US.md)

## Related News & Research

- [Muneeb Ali says Bitcoin has about two years to start its post-quantum upgrade](https://longbridge.com/en/news/302996021.md)
- [Bitcoin Pioneer Adam Back Expands in Switzerland](https://longbridge.com/en/news/302861011.md)
- [Treasury Firm Strive Makes Massive Bitcoin Purchase, Acquiring $511,000,000 Worth of BTC](https://longbridge.com/en/news/303146021.md)
- [Electrum Fixes Bitcoin Wallet Flaw That Could Turn A Fee Bump Into Theft](https://longbridge.com/en/news/302986962.md)
- [Electrum crypto wallet flaw turned payment speed-ups into a theft trap](https://longbridge.com/en/news/303135507.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**