General World News

CEO of blockchain company Chain on what everyone gets wrong about the technology

  • Chain CEO Adam Ludwin thinks blockchain technology is not the answer to all problems, but rather a tool like many others that should be applied where relevant.
  • Ludwin thinks there is a false dichotomy between cryptocurrencies and their underlying blockchains. Although a blockchain may be able to support a cryptocurrency, it doesn’t mean it has to and has many other use cases.
  • Ludwin says there is no right price for bitcoin just like there is no right price for gold. There is a limited supply of bitcoin and the price is driven by demand. Ludwin says it is a better question for read more >>>

    Source:: BusinessInsider.Com