#Crypto And Bitcoin – A Complex Intellectual Experiment?
Crypto And Bitcoin – A Complex Intellectual Experiment?
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Wences Casares, the Palo Alto-based CEO of Xapo, recently sat down with Bloomberg’s Erik Schatzker at JP Morgan’s Robinhood Investors Conference to discuss his outlook on crypto, tapping into his industry expertise to insightful comments to get the minds of viewers racing.
The prominent executive, starting off his interview with a bang, claimed that Bitcoin is nothing more than an “interesting intellectual experiment,” in spite of popular sentiment that BTC, along with other crypto assets, will usurp fiat currencies and subsequently, the global financial system. As the term “experiment” implies, Casares is essentially pointing out that Bitcoin, in all its decentralized glory, may fail miserably or succeed.
Diving into the sentiment that crypto is an “experiment” in-depth, the Xapo chief executive noted that it is still worthwhile to pay attention to this industry, even if the experiment’s results aren’t optimal or according to plan. He elaborated, stating:
“If it works, it could be quite relevant. And even if it doesn’t work, I think the [information that individuals learned] from crypto is quite important.”
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https://www.newsbtc.com/2018/10/30/xapo-founder-bitcoin-is-an-intellectual-experiment-but-it-can-still-succeed/
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