Dan Schulman, chief executive of PayPal and the leader in digital currencies, Winsis Searis, talked about Betcoin, Blockchain and financial technology in general in an interview on Facebook. The Sizares business has launched several start-ups throughout South America and the United States, including the emerging Xapo portfolio. In addition, he is a member of the Board of "PayPal".

Bitcoin and Blockchain change the world

Schulman referred to the price of the Bitcoin, which was trading at the time of the interview at $ 14,800, where Schulman predicted that the price may change during his speech during the interview. The Bitcoin and the Blockchain have captured people's attention as "an interesting experience," Sezares said. "If it succeeds, the world will change more than the change brought about by the advent of the Internet," he said.

Cesarees also warned that due to the nature of the experiment, Bitcoin and Blockchain may also fail, giving Bitcoin and Blockchain at least a 20% chance of failure. The main investment advice was that people should not invest more in digital currencies than they could afford to lose. But after this warning he pointed to the positive side saying that there is a greater chance of 50% success for the Bitcoin and the Blockhain. To achieve this result, participants in the industry must be patient, as it will take five to ten years before this success is enhanced. In a successful experiment, Sezares referred to a different world and "tangible economic consequences", saying that the one per cent will cost $ 1 million. So most of the world would wish if they bought it for $ 14,000 or even $ 20,000, taking into account the risk and daily decline in the price of the Bitcoin.

One of the believers in the currency of Bitcoin
The businessman Sezaris has distinct memories of his childhood when his family lost almost everything three times. He describes these memories as "emotional" and "social" and not economic, and points out that the Argentine government caused events that led to repercussions including hyperinflation. Seizares' great faith in the Bitcoin currency came from his childhood experience, along with awareness of the world's citizens who do not have the luxury of the US dollar. "This was the first time I could see technology as a good solution to this problem," he said.
As a result, Cesares devoted himself and pledged the rest of his life and his professional reputation for it. He said he wishes and seeks the success of the Bitcoin experience, because with its success we will have a much better world than we have today.

Confronting ignorance

While the distinction between the Bitcoin and the Basic Protocol is advanced, attention in the Blockchain rather than the Bitcoin is "an ignorance of how the system works," Sezares said. Blockchain did not exist without the Bitcoin. The network of Blockchain did not come to life until January 2009, when it became possible to trust the integrity of data without hardware or software knowledge or jurisdiction because all this simply did not matter. With the buccaneer, there are no counterparties. If you want to remove the bitcoin, the minerals and the plucchin technology will disappear.

As for the future of alternative digital currencies, Schulmann said it was an experience whose consequences were unknown. Sezares also expects that it works on a single block network, with the exception of some use cases that require different proxy networks, such as only one Internet.

Currencies and coins

With regard to cases of the use of buccaneers outside the digital currency, Cesare suggests that the sky will be the limit, or the creation of people in terms of use cases separate from the value. Sezaris envisions a world in which Bitcoin is a universal and non-political criterion of value and settlement, so that future generations view the traditional trading prices as nostalgic. He also sees a world in which Betquin wins, regardless of the beliefs of Wall Street or Silicon Valley.

As for the experience of the Bitcoin and the Great Balkans, the signs of success in the next nine years will be more than we have seen over the past nine years. And that the protocols have their own timing, which is much longer than the time owned by companies, but failure can be the result of different scenarios. The main way in which Bitcoin can fail is if we start putting money that we can not afford to lose in the Bitcoin. In other words, do not put your children's college fund or your retirement savings in your home.

This live Facebook broadcast came on January 11. Schulmann also used it as a direct platform to announce that the PayPal community has raised more than $ 1 billion for charitable donations worldwide.