Coinbase CEO is drunk, bitcoin has been fluctuating so much in the past several years, and USD is very strong right now, there is no way bitcoin can and will replace dollar any time soon.
Not necessarily drunk, more likely promoting his services and attempting to generate more interest in the technology so he can make money off of it. There -technically- isn't anything wrong with that, but it doesn't sound logical to the average person, so it probably isn't the best.
I wouldn't say the USD is very strong, but it is not weak enough to be replaced by a digital currency yet. More things have to happen for the value and position of the USD to be challenged.