carl, i'm just reminded that it was 5.5 years ago i met brian armstrong for coffee in san francisco.ne of the things that struck me then about him was his level of conviction he told me he was taking his full salary in bitcoin at the time and not converting it to cash i thought wow, that's somebody who is putting his money where his mouth is turned out to be a pretty smart be he also gave me a dollar's worth of bitcoin in a coinbase account to show me how coinbase worked you know, every once in a while i take a look at that. it's worth $221.30 this morning. that's where we will -- yeah, deirdre. >> there's got to be a way to nft that, one coin brian armstrong gave you years ago i love what was said on "squawk box" this morning, this listing today, of course, we're going to get caught up in the price and technicals, but it's more than coinbase and bitcoin, really the net scape moment for crypto. i got a lot of backlash saying it's not a flattering comparison look what happened to net scape. the point being this is really a moment, the beginning, like netscape was the beginning of the

also attract more people to a buy and sell kryptos astrue 1st of all it definitely will make brian armstrong one of the richest americans some 1st indications are that actually we might see quite a pop in the coin base if share when trading begin think that could bring it to a valuation as you mentioned before to roughly 100 $1000000000.00 and brian armstrong he owns 20 percent in that corporation so he will become a billionaire and overall if all goes well if this i.p.o. will work if investors sub buying that could be another step also for a cripple's in general. thanks for bringing us up to date now africa's biggest economy is also one of its sick a state nigeria is home to the largest number of very poor people in the world and a 3rd of the country's labor force is without employment a few hours a week while small the coronavirus pandemic has made matters even worse. queues for fuel formed across nigeria recently over fears of more gasoline price hikes a leader of gas costs more than $169.00 giri an ira that's $0.35 per liter while that may sound cheap in many countries it's a record high

i spoke to brian armstrong and asked him a big question for investors.se come down with competition what does that mean for the business >> we haven't seen any margin compression yet and wouldn't expect to see it in the short and the mid term the reason is for one thing, crypto is changing so quickly. it's accelerating in the pace of change in terms of the number of assets and all of the things people want to do with crypto. no real risk of commoditization. i guess the other thing is that there's really a custody fee that's baked into the transaction fees which is different than the traditional brokerage world. i don't expect there to be fee compression short and mid term longer term, yes, there could be fee compression like in every other asset class out there. what you've seen is in our financials we've started to invest in different revenue streams that are starting to provide these green chutes of revenue. things like coinbase earn, coin-base debit card, staking revenue. and we've started to monetize a number of things like this our custody business

i was reading earlier today that brian armstrong -- could you imagine being able to make that kind oflix: when you look at our analysis on bloomberg intelligence, they are seeing something like a neo-bank. coinbase could become at some point. how do you think coinbase changes over the next five years? garry: i think this is on-ramp. at the door to a lot more use cases. we talk about bitcoin as value. frankly i didn't think we would be seeing here 10 years later with bitcoin sitting at $60,000 let alone prognostication. it is just crazy to see the value. frankly i see what is now called d5. lower fees, commission list, and open. you are going to see that across all transactions in the future. airbnb is software eating hospitality, just one of many markets. alix: you say open, low fees, now the regulation comes down. they will say coinbase is doing it with them, they had a fine and moving on. it is over with. the other side will say regulation is coming. gary gensler will be stricter with what these companies could do. what do you think? garry: i think frankly, the world needs coinbase

the magical moment for me working with brian armstrong is the moment that bitcoin went from $5 to $20nd its first round of $1000. it crashed back down. it did it again in 2017. at this point, we are used to this. that is why the number one thing i think of when people are considering whether to invest in coinbase is actually zoom out, think about what crypto means for society from here. i think i really underestimated what store of value would mean. all of crypto was worth $2 trillion today, all of gold is $10 trillion. we are maybe farther along in that journey. that is only one of a whole bunch of new cases coming online that i think will remake all of society. i think it is really fitting that brian learned about startups at airbnb. that was software eating hospitality. bitcoin, crypto, coinbase is software eating all of finance. caroline: i love that you use the term dime in hand. that portfolio with coinbase, there was also reddit. kudos to you for those choices. initialized managing partner and cofounder. thicket. coming up, general motors self-driving cruise is going to dubai.

god bless brian armstrong. i'm jealous that i'm not an insider of this.rget, bitcoin is up somewhere between 7 and 10 fold in the last year or so. now everybody is yelling and screaming about it and now everybody is adopting it and now everybody loves it. i'd like to see the merchants taking in bitcoin and watch it drop 25% and see how quickly they head for the hills. asset prices go down also. so buyer beware. >> neil: you know, gary, it does have a little more street cred now because of today and the unique direct listing, which is, you know, very different than this public offering. leaving that aside, the fact that the demand was so strong for the after shares. in other words, the insiders and holders that had it and sold some to get liquid and make some money. people buying it in masses to take advantage of that. so it seems the appetite is there even with the government breathing down this technology's back. what do you think? >> look, the appetite was there. there was pretty significant selling from the highs today. i'm not saying that these things

katie: you have to understand the founder, brian armstrong, is just so visionary. i think he has always been this vision. one of the things that is so exciting is about what is next for this company. and if you think about what is next, already we have 56 million users on the platform, with really very little spend in terms of pay marketing. but in classic coinbase fashion, they are always dreaming bigger and looking forward. and they are looking at what is going to happen with the next set of users. when they talk about the next set of users coming onto the platform they are looking at the 3.5 billion users worldwide with a smartphone who are not currently using crypto. in classic brian armstrong fashion, he is not thinking about the next 10 million users or even the next 100 million users. how do we get the next billion users on this platform? so it is very exciting. taylor: how are you thinking about that? you have an incredible background focused on cybersecurity and cybercrime. in some of the early use cases that is where we thought bitcoin would be. it is so

shares jumping to $400 a share coinbase ceo brian armstrong spoke to cnbc about the major moment. >>s why we call it the crypto economy it is a new economy. it has now hundreds and thousands of companies created in this space. hopefully coinbase going public and having the direct listing is going to be viewed as a landmark moment for the crypto space. >> for more on coinbase, joining is michael buccili and sarah kunst. sarah, key metrics, key things to keep in mind given the valuation of the company and seems to be such a bull/bear debate around it the thing that's not debatable is this is a huge success for krup to overall and seeing the first major ipo, the first ipo ever really for a crypto company, for a crypto exchange in the u.s no matter what happens with their stock price minute to minute over the next few quarters this is the first milestone and crypto companies are here to stay even in the public markets. >> yeah. michael, in so many ways coinbase is seen as and expected to trade in the the near term alongside bitcoin. and that way it almost feels come mod tized the way you

a way better way to watch. >>> brian armstrong before starting coinbase worked for airbnb he was one then became a product manager, and brian actually was one of the original architects of our payment platform and our fraud detection system i'm really proud of what he is doing. i think that similar to bitcoin or cryptocurrency, i think one of the lessons here is when you give power to people it provides more economical empowerment and more access. in order to give more power to people, people have to be able to trust each other so you need a system of trust. obviously cryptocurrencies have had their own system of trust. airbnb, our system of trust based on our reputation system i think has been able to lock a lot of economics i think this is a -- i think these general trends of unlocking system of trust that allow more people to participate in the economy is a huge boon to the global economy as far as our plans, i don't have anything to announce right now but i can tell you we have been certainly looking at this >>> now, key here, carl and jon, chesky and many other business leaders

. >> reporter: brian armstrong got busy. >> very nice.d the socially distanced eggs became a family project. >> it took three or four days to get everything together. it was a fun process. it kind of brought us all together. >> reporter: all wrapped with a note, reading, we wonder if you would join us in decorating our community for the holiday. >> the egg said, lay these in your lawn. and by the way, there's a pandemic going on. if you need help, drop us a line. >> reporter: many of the neighbors are ecstatic. crediting the family with making this world a brighter one. another one said, love this tradition you've started. and, thank you for lifting our spirits up. an entire family of, well, good eggs. >> we're not handing out food or administering vaccines. we're just putting eggs in yards. but every little bit kind of helps and every little bit of joy, i think, is really important right now. >> our thanks to the armstrongs. i'm linsey davis in new york. have a great night. the on abc 7 news at 6:00, the bay area observed easter. this ye

>> one of the reasons i invested in coin based back in 2017 was because of a lunch i had with brian armstrongwhen google went public i saw so many people around me come into substantial wealth quickly. when i was talking to brian about this, we were washing the price of bitcoin going from 600 to 2000. i think what is interesting about this moment in time where coin base goes from here is that the company is built with maximum lists when it comes to their belief in what crypto and the crypto economy could do for the world. not just some missionaries certainly none mercenaries. there will we look at the pages that are going to be turned over here in this company's direction, i leave most people who that were deeply invested in this company and economy are long term thinkers about what is going to possible. i think this is usually a million for and decades. we only have 30 sales left unfortunately, there is a deeper conversation we could have, but there is a lot of noise on this wednesday. in a word or two, would you think is the game plan going forward? going to be a lot of long term commitment

in classic brian armstrong fashion, he is not thinking about the next 10 million users or even the next 100 million users. it is how do we get the next one billion users on this platform. so it is very exciting. taylor: how are you thinking about that? you have an incredible background based on cybersecurity and cybercrime. in some of the early use cases that is where we thought bitcoin would be. it is so much more than that. how do you translate those beginnings into a bigger use case? katie: look, the narrative started out, as you mentioned i was a former federal prosecutor, founded the first crypto task force at the department of justice. and did some of the big early money laundering cases. by the way come also with fiat, not just crypto. i was asked in 2012 to investigate bitcoin. and i quickly realized that would be a complete fools errand. it would not have been possible but also not desirable because there were so many socially beneficial aspects not just to bitcoin, but also to crypto. we are just excited about what we see as an entirely new crypto economy. it is about much mor

out of the banks on j&j and overall vaccine efforts and let's start with coinbase, you heard brian armstrong on "squawk" earlier this morning and i heard you talking about it a moment ago with joe, the reference price of 250, below where it was trading in the private markets. >> yeah, look, that's a joke, it doesn't help, it doesn't represent anything, and i was listening to andrew's unbelievable interview, and i mean you can tell this is the one, this is the scarcity value one, and i wouldn't be surprised if it only gets to 600, and that's lisa ellis' t, target she has been spot on with everything crypto square is going to go on it has been the way. but the way to play bitcoin, if you're a mutual fund, will not be square anymore, it's too derivative, it will be coinbase. and a lot of people today i think will be impressed with what armstrong talks about because he sounds like a banker, he looks like a banker, the cfo is a banker, and suddenly you say you know what, let's stop comparing this to the new york stock exchange because it has much more growth, let's stop comparing it to a mid-size

a few weeks ago, not sure how many viewers knew the name brian armstrong. jon's known him a long time, but to what degree will he become more visible and vocal given the fact his twitter account to now remained fairly steady >> you know, guys, it struck me we heard from federal reserve chair jay powell yesterday on the day we had momentum moment for cryptocurrencies echoed what he said. cryptocurrencies, vehicles for speculation. heard similar skepticism from janet yellen's it misses the point ignoring the most important function of the crypto revolution we see. the technology behind it what's emerging isn't in fact -- its use to pay for stuff, but it's rule into centralized finance and potentially the technology's role in central bank digital currencies. jon, to your point when you say, can't keep up these enormous fees and margins forever, that's a side point i think if we talk about it becoming the google, netscape or yahoo! of cryptocurrencies it eventually has to do a lot more than that, carl? >> de, bring in kindred vench vs talking about this more. t

coinbase ceo brian armstrong applauded the decision, saying it takes courage in these times.y at work last year meanwhile, a base camp employee saying, i worked at base camp a long time. i don't agree with the changes and i am sad and up thought. now your thoughts. one viewer agreeing with the policy saying disagreements can lead to animosity. base camp said employees can engage with politics on social media and elsewhere, just not on workplace communication platforms. carl. >> yep corporate policies, everybody has to hammer them out individually depending on the culture. >>> buckle up for tonight as we get ready for big tech earnings. we have a lot to chew on now to "the half." >>> carl, thanks i'm scott wapner front and center this hour, what jim cramer calls the most important 72 hours of the year critical earnings from big tech. the fed meeting and more, all over the next few days, all of it impacting your money. we debate the markets' next move with the investment committee. joining me, stephanie link, jason knife, principle of odyssey advisors, pete najarian here, too.

i think brian armstrong and emily choi and team have created a company for the long-haul. unlike other tech ipo, including uber, we were an early investor in, a lot of ipo are going public at the maturity stage of their business and i think coinbase at the beginning with 56 million user account but $72 billion annualized run room. so much ahead for them i want to address something i heard brian bring up which is the question of whether you buy bitcoin or crypto, versus coinbase, and my short answer to you is that do both. in 2014 we bought bitcoin and we invested in coinbase when it was a non-consensus industry sector. the reason we did that is as investors we want to learn, meet engineers and get deep in the technology but from a purely investment perspective you want to invest in software companies that create platforms that attack and transform so many different sectors. so the question of whether or not it's an exchange or brokerage or asset manager or lendser or crypto wallet company it's all of the above. that's the beauty investing in software platforms was apple ju

brian armstrong has a 20% stake in the company, today at least on paper, bret, he made about $20 billion well, that's not a bad wednesday. all right. jackie, thank you. still ahead, where do illegal immigrants go along the super border when they do not want to get caught? we will take you there in a fox news exclusive next. first, beyond our borders tonight. iran's supreme leader says offers being made at the vienna talks over the country's nuclear deal, quote, are not worth looking at. ayatollah khomeini made a speech on the first day of ramadan in iran. as supreme leader he has final say on all matters of state. queen elizabeth ii returns to royal duties four days after the death of her husband prince philip. the 94-year-old british monarch attended a retirement ceremony. the royal family is observing two weeks of mourning for the prince who died friday at the age of 99. martha mccallum will host our coverage of prince philip's funeral saturday starting at 9:00 a.m. eastern time. israel marks its national memorial day for fallen soldiers bereaved families, visit cemeteries and attend m

the vnext ventures are doing >>> coming up on "squawk box," don't miss the interview with ceo brian armstrongst see interview it could be a transformational listing. >>> let's check on headlines, nbc's frances rivera is here will the latest. >> dom, good morning to you. we start a third night in a row here in minnesota. the minnesota national guard say 2,000 members have been activated. police made 60 arrests overnight. yesterday, the officer who fired the fatal shot and the police chief both resigned over wright's death >>> ever given, the ship that blocked the suez canal has been impounded. authorities seized the vessel over the dispute with the japanese owner the court urged to seize the ship on monday no word on how much money the canal authority was seeking but officials say it was demanding at least $100 million. >>> we're just 100 days away from the olympics. and the olympics rings just west of tokyo, the organizers continue to press on with preparations for the games which start on july 23rd dom, just another thing that we can all look forward to in the months ahead >> fingers crossed

story over the weekend with the cryptocurrencies getting slammed as revealed coinbase founder, brian armstrongold 291 million of his stock. the cfo, chief product officer sold all the stock they have. they have obviously a lot of options but you can imagine the feeling buyers of world on-line felt they heard at the party the founder already cashed out. many felt like the word sucker was flashing on their foreheads. flash 21 years later, a lot of coinbase buyers maybe they feel like suckers. they knew the insiders would sell but i'm not sure people thought they would sell that much. is that a world online moment for crypto. let's ask eric schiffer. i do want to point out there are options still out there. so it was a large chunk of the stock they owned. they still have options for millions and millions more shares. what do you make of the way it went down? >> charles, thanks for having me by the way. it is interesting, i think in this situation it is different than the concern that you're rightly posing to your audience because you want to protect people. in this situation there is so much trem

brian armstrong gave credit to bitcoin's rally for that windfall meanwhile, square if its fourth quarterted about the same revenue level, $1.8 billion just from bitcoin trading that was a 10x increase from a year earlier and square executives have said that those users who do trade bitcoin tend to be more engaged and they tend to spend more overall. square's stock is up about 12% this week. analysts are expecting to see a boost for the payments company, as bitcoin prices doubled in the first quarter. guys, back to you. >> kate, this is quite the prelude for the coin-based direct listing next week what's the latest that you're hearing in terms of its valuation in the private markets and what we could see. i mean, is there even a way to know you have this hot sort of listing market and then you get bitcoin enthusiasts in the game as well. what do you think? what are you expecting it is the perfect storm. you've got bitcoin and coin base going public first of all, for the crypto environment, this is really a seminole moment, really the first big crypto companies to go public but there is a

the ceo brian armstrong and cfo didn't take any analyst questions.d underline bitcoin's role in the quarterly performance and the role in guidance going forward they say the coin base revenue is quote highly correlated with the price of bitcoin and volatility and as she put it, we could not forecast the price of bitcoin any better than you could and as a result, she said it is very difficult to accurately forecast their revenue. as a result, coin base outlined three different scenarios. a high, a mid and low range based on monthly transaction users. some other highlights, the company is profitable. it has 56 million verified users and a lot of growth on its institutional side coin base now has $122 billion in assets from hedge funds, family offices and other professional money managers, up from $45 billion and it is half of coin base's total assets. all eyes are on the direct listing on wednesday of next week trading on the private market has coin base's valuation pegged around $68 billion and bitcoin's market cap meanwhile topped $1 trillion this ye

brian armstrong, the ceo sold less than 1.5% of his entire position t was completely fake news.e were reporting that he sold 70% of his position. it is just absolutely not true. like i said, before even to be shares for enthusiasts like myself to buy they had to sell. there are no new shares like an ipo. charles: scott, i got to tell you are absolutely fantastic. hope you come back in the future because there are so many more questions. we'll talk to you again real soon. i see why they call you the wolf. you know your state. >> thank you so much. charles: white house can't get its act together on this path towards the president's infrastructure plan. plus would spending compromise the gop, even if, you know, the soft caps were resolved? i mean the real revolt here is among democrats. later, we've got a retail investor who teaches other investors along with an institutional investor and together they will share the lessons they have learned with you so you can make a lot of money in the stock market. don't go anywhere. in fact, grab a pen and paper. we'll be right back. ♪ ♪ ♪ ♪ ♪

and brian armstrong sold about $292 million in shares on coyne's first day of trading lots of folks looking, mark andrewson sold a friend, co-founder wilson sold having said that, the way the direct listings works the people who own shares have to sell, because there are no new shares being sold that is how it works i know there's been a lot of chatter on reddit and twitter over the weekend about that. >>> meantime, breaking news in the last hour involving the video game retailer gamestop check out the shares right now the ceo george sherman is stepping down as soon as a successor is found they say no later than july 31st given the s.e.c. filings to evaluate the executive leadership to make sure the right skills, they say, are in place for the changing environment so the transition which is what the investors of gamestop has been hoping for seems to be moving at a pace, nonetheless, moving. i know many investors are hoping for a transformation joe. >> hey, andrew, i was going to look at the "squawk stack," i asked them to put the "squawk" coin in there. >> oh, nice. >> i don't know if becky

ceo founder brian armstrong celebrating the watershed moment with a long thoughtful tweet a thread sayingrd to overstate how bad of an idea everyone thought coinbase was at the time . i went to show you the tweet. look, he's made a lot of money and a lot for the nonbelievers yesterday, so 20% stake is worth over $17 million, not bad for a guy that started the company in a small cramped san francisco apartment nine years ago in 2012. stuart: it good for you, armstrong. susan: how great. stuart: i digress. it's a whole new world, ain't it? susan: yeah. stuart: david brenberg does not like this whole new world. you don't like coinbase to you, exchange, not bitcoin, why not? >> it's not that i don't like it. i don't care. i'm not going to buy it for my clients because we have to manage risk and reward trade-offs, so it's 4:30 p.m. yesterday, it's down 28% a couple hours from a high. now it's going to go up this morning, up 20, down 40, up 100 and this is what? the thing to bring a stability in markets, this new revolution of a stable alternative currency i don't even know what i'm watching an

also, we had ceo founder brian armstrong, some-- it's interesting how they were selling out on day oneesn't raise new cash, gives an exit point for early investors and employees so brian armstrong selling out 750,000 shares worth about $300 million. he made some pretty good change. stuart: a tiny bit. susan: he owns 20%, i mean, he's the largest individual shareholder in coinbase, so why shouldn't he be able to exit, make some money because let's be honest he's been in this for nine years. stuart: is not a signal he has no confidence, just that he's taking a huge cash call. susan: you need money to survive, don't you? stuart: cathie wood update. susan: friday she added two more than her 300 million-dollar holdings of coinbase and a big endorsement for coinbase. stuart: we are five minutes in and we are indeed retreating from last week's record high spirit taking a look now at the big winners amongst the dow jones 30, energy companies in there and so is apple by the way, apple at 134. s&p 500 winners, who are they? harley-davidson, a couple others, energy companies and diamond energy--

i think brian armstrong has been a visionary.much everything that you can do right right. but i think a lot of the money has been made in the preipo market, which has been the case with a lot of very fantastic stories like snowflake so as much as i would love to be an investor here, i am not big of a muppet. right? my first summer in this industry i was actually still in college cold calling for a bucket shop on third avenue. we were pitching the e trade center ipo like that was what everyone was all excited about. the parallels shouldn't be missed coinbase is coming basketball further along than e*trade was. e*trade was only handling 8,000 trades week with less than 1 million customers when they became public in '96 they spent their entire life as a publicly traded company up until their acquisition by morgan stanley last year fighting for the most part a fee war. in '9 they were getting $20 a trade. that eventually went to zero the question is, we know that coinbase can't continue to garner the fees they currently are for tradi

the founder, brian armstrong has 20% stake, he could make 20 billion, putting him on the map as one of the world's richest people. he is fascinating character, bringing digital currencies like bitcoin to the masses. once more, even if you're not directly invested in crypto yourself, if you don't own bitcoin, you can tangentially diversely over a company like this with a little piece of it. armstrong wants to make digital currency as ubiquitous as email. you know how that goes. there is a lot of money on the line as crypto becomes more mainstream. we have bitcoin and ethereum up 1300% respectively in the past year, wow, if you owned those. what is crucial the efforts to go mainstream to adopt digital currency. tesla is allowing people to buy vehicles with bitcoin. they're doing that paypal is allowing people to check out with a credit card swipe it. the city of miami wants to experiment paying salaries with bitcoin and allowing people to pay city bills with digital currency. they want to invest in bitcoin, keep the it on their portfolios. coin, citadel and blackrock are a some of those

the coinbase boom has made ceo and founder brian armstrong one of the richest on the planet, he owns, so that brings the total to $352 million in coinbase so, yeah, she's a believer. stuart: we just throw out these gigantic amounts of money, instant billionaires all over the place. i still can't quite get my arms around it. susan: this company wasn't around ten years ago, so in nine years, pretty good. stuart: pretty damn good. all right. the story talked about most on wall street, a new jersey deli, $35,000 worth of sales in two years now worth $100 million. go ahead, explain it. susan: yeah. so, i know you're trying to ask, how does that work? a lot of people on wall street are wondering the same thing, how does this work. the hometown international is a company, it owns a single deli in new jersey, and the ceo, the cfo and president of hometown is the local high school principal and the held wrestling coach -- head wrestling coach. the actual deep-pocketed shareholders are based in china's macao territory, so this anomaly was first made public by david einhorn at green light capit

higher than the $8 billion the company was worth in 2018, so with today's debut coinbase founder brian armstrongicially crowned as one of the worlds richest of people starting coinbase in his small tiny san francisco apartment in 2012, and 10 years ago and now it's 20% stake could be worth more than $20 billion at the end of the day. it's a great capitalist system we live in. this will be the gnostics largest ever direct listing, not an ipo so no new cash raised, it's more of an exit point for early investors and employees to cash out. if the past listings any indication, recently roblox, spotify, usually at 35% jump on the reference price, that 250 is kind of low, i would say, especially since coinbase last exchange sharers in the private round at three under $50 each. timing is everything when it comes to listing and of course coinbase timed that as bitcoin prices are at record highs. stuart: the last time we spoke yesterday morning, we were talking about a whisper number four coinbase, maybe worth $150 billion. what happened because you are talking about 65 billion. susan: in the direct listi

$54 billion in trading and a surge, particularly bitcoin, coinbase is led by founder and ceo brian armstronghe plans to take that company cub next week, april 14th. on the nasdaq, poised to be one of the largest listings of the year, some say could be as high as $100 billion. a big part of their business has become institutional if they become a institutional player, it turns the dynamics and the game lots to keep your eyes on there. >> oh, the expense side looks pretty good at coinbase, from what i can tdetermine, in terms of people they've hired to answer the phones or answer questions or send out tax information. or anything. i think it might just be him, as a matter of fact >> no. there's a big system there look, the -- the large -- >> it's a joke, it's a joke >> the large question about coinbase and the valuation of coinbase over time is whether everybody else gets in the same business >> right >> right now, they have almost a monopoly in trading bitcoin and cryptocurrencies if you told me that fidelity was going to do it and you could get it on td ameritrade and goldman and everybody i

orbited the moon while his crew mates neil armstrong and chain to his story steps on the surface in 1969 he died on wednesday after a battle with cancer brian odama is not just chief historian and has more on michael collins legacy michael collins will be known you know forever as someone who have a passion for space exploration not only because you can feel part of it i think i gave him a platform. dedicated his life to talking about scientific discovery human space flight number. one the other astronauts you know armstrong was all over him collins who played an incredibly important role and he had to go through alone listen trainees you know he was the perfect person for that but you know if collins is not good at his job and doesn't offer an exact great way that route doesn't get home and that mission we know is a hollow 11 isn't the success that we think definitely played a critical role in the apollo program really did lay the platform for human spaceflight you know exploration path that continues today several space programs the nasa as we look to go back or you know to the moon as part of the art of this program i think we can look b