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No, he specifically separated out the blockchain technology from the currency component. Via FT Alphaville [1], he says, "I’m going to be really clear in this
by thablackbull 9y ago
No, he specifically separated out the blockchain technology from the currency component.
Via FT Alphaville [1], he says, "I’m going to be really clear in this one. Forget the blockchain, that’s a technology… But… the currency isn’t going to work." The article also points this out, but doesn't differentiate it which has the effect of making him sound hypocritical.
> JPMorgan and many of its competitors, however, have invested millions of dollars in blockchain, the technology that tracks bitcoin transactions. Blockchain is a shared ledger of transactions maintained by a network of computers on the internet.
[1]: https://ftalphaville.ft.com/2017/09/12/2193624/money-creator-is-getting-really-annoyed-by-wannabe-competitor/ https://ftalphaville.ft.com/2017/09/12/2193624/money-creator...