Post
Topic
Board Press
Re: [2016-04-20] ‘Bitcoin is dead,’ says prominent fintech exec
by
BruceSwanson
on 20/04/2016, 05:08:15 UTC
What Taavet Hinrikus said:

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But we’re not seeing real people use bitcoin. And we don’t know what problem it solves.

What I think he meant:

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But we're not seeing many affluent bank-customers use bitcoins yet. And that's an opportunity for us.

What Taavet Hinrikus said:

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Now, blockchain, I think, is a genius advancement in technology. But I’m not sure we’re seeing yet where to apply it. I’m pretty excited about R3 and Digital Asset Holdings. I think there are many areas where using blockchain is great, but it’s still early days.”

What I think he meant:

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Now, blockchain, I think, is a genius advancement in technology. But I’m not sure we’re seeing yet where we can make money from it. I’m pretty excited about R3 and Digital Asset Holdings. I think there are many areas where using blockchain could be profitable, but it’s still early days.”

What the article's author Daniel Roberts wrote:

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If tech entrepreneurs like Hinrikus feel they no longer need to keep paying attention, that could be a problem for the coin and its future viability.

What I think Roberts will wish he had written:

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If tech entrepreneurs like Hinrikus feel they no longer need to keep paying attention, that could be a problem for tech entrepreneurs like Hinrikus.