Former Google CEO Describes Bitcoin Technology as Extraordinary - Coinleaks
Current Date:September 21, 2024

Former Google CEO Describes Bitcoin Technology as Extraordinary

Former CEO of Google with a repost of a video from 2014 Eric Schmidt’s Bitcoin (BTC)It turned out that he found his cryptographic success extraordinary.

Schmidt speaking at the Computer History Museum in 2014, of bitcoinIt is seen that it is a very valuable technology, but it voices the drawbacks of using the asset as a currency.

Saying that Bitcoin technology can be used in more institutions in the future SchmidtThe stance it showed in the years when Bitcoin adoption was quite low can be seen as support for the expectations of the asset.

In a panel he attended, Schmidt said that Bitcoin has been a remarkable achievement and its ability to create value that cannot be replicated in the digital world is invaluable. He said that it is an incredible development that Bitcoin technology has non-replicable ledgers, a lot of people will start a business on it.

Schmidt’s Interest in Crypto

Eric Schmidt’s interest in crypto stems from his fascination with the technology in crypto’s forehead. He shared his interest in Web3 in a recent statement:

A new internet model where you can control your identity as an individual and have no authority is very interesting. Very seductive and decentralized.