During the last weeks an important number of important figures in different industries gave their opinion about bitcoin, cryptocurrencies and distributed ledger technology. While some of them have been negative other have been very positive, including the comments given by Nasdaq’s CEO, Adena Friedman.
Adena Friedman Bullish on BTC
Bitcoin and Cryptocurrencies have been changing the way many enterprises and businesses work. At the same time, they have been growing in interest during 2017 and 2018. Even some governments are working and using blockchain technology in different agencies.
Adena Friedman said:
“How it evolves and which of the cryptocurrencies may or may not be the one that ultimately gets embraced, I think that really the jury is still out on that. But I do think the idea of a more globalized payment mechanism that is more efficient than what we have today allows for money to transfer across countries and certainly supports the internet economy.”
Additionally, Mrs. Friedman explained that bitcoin and cryptocurrencies are highly amenable to contemporary settlement processes at all levels of society. But of course, she mentioned that the major issue around virtual currencies is the regulatory uncertainty,
“We pay all of our service providers through electronic means of transferring cash, and we are fine with it. The whole world is changing around payments and it’s going to be fascinating to see where it goes,” she commented. “Are the governments going to start to embrace it, or are they still going to have it sit outside the realm of their oversight. That’s the real question.”
Negative Comments As Well
But other negative comments have been spreading as well in the crypto industry. Microsoft founder, Bill Gates, and the important investor, Warren Buffett are among these individuals commenting negatively about bitcoin.
Warren Buffett, who has an important part of his investments places in financial institutions, said that Bitcoin is ‘rat poison squared.’ At the same time, Bill Gates said that he would short bitcoin if he could.
As an asset class, you’re not producing anything and so you shouldn’t expect it to go up. It’s kind of a pure ‘greater fool theory’ type of investment,” said Mr. Gates during an interview with CNBC.
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