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Bitcoin's future as revolutionary as the smartphone, according to CoinDesk

CNBC · Jun 20, 2026, 3:00 PM

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  • Coin Desk's president of indices and data has a message for investors: Don't count out bitcoin.
  • LaValle's call comes during a rough time for bitcoin.

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Coin Desk's president of indices and data has a message for investors: Don't count out bitcoin.

"When I got my first smartphone, which is a great example of a disruptive technology that has been incorporated into my life, I didn't get the smartphone and say, 'This thing is garbage because I can't get a taxi in front of my home whenever I want it.' I was very excited that I didn't have to carry an MP3 player and my cellphone at the same time," David LaValle told CNBC's "ETF Edge" on Monday.

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