Topic: [2019-03-05] Billionaire Eugene Kaspersky: World Isn’t Ready for Bitcoin Yet - page 2. (Read 297 times)
March 05, 2019, 04:18:45 PM
I feel like 100 years is a little bit too conservative, especially since the adoption of new technologies can go extremely fast. A good example is the rise of mobile phones. In 1998 nobody expected people to walk around with mobile phones (check out this dutch interview: https://www.youtube.com/watch?v=TNwhIHqM60g&t=17s). Little did these people know that only a mere 20 years later two-thirds of the worlds population would have a mobile phone connection. So there's absolutely no way it's going to take an entire century. It's either going to get adopted really quickly or it's not going to be adopted at all.
March 05, 2019, 04:03:31 PM
The article is a bit misleading, as is your line that he thinks the "world is not ready for cryptocurrency just yet". He never said that at all. What he said was he thinks it will take 100 years before bitcoin is the only currency on Earth, under a single global government. Given that currently there is around $90 trillion in broad money, and a further $300 trillion in real estate and business assets, converting all of that in to a single world-wide currency would be huge (not to mention converting things like stock markets, derivatives, etc). I think that's a very bullish prediction, rather than the bearish spin CCN seem to have put on it.
March 05, 2019, 03:13:17 PM
Billionaire Eugene Kaspersky says bitcoin is a brilliant innovation, but the world is not ready for cryptocurrency just yet. However, the CEO of Russian cybersecurity firm Kaspersky Lab believes that will change — in 100 years.
Kaspersky made the remarks in an interview with Arabian Business, during which he denied reports that his Moscow cybersecurity company develops spying technology for Russian intelligence.
Bitcoin Adoption Requires New World Order
Kaspersky says he believes that digital currencies will eventually overtake paper money in the future. However, he thinks that will require a new world order, where there’s a single government instead of the many different nation-states that we have today.
“Cryptocurrencies are a great idea, but the world is not ready for them yet. The world must be united if we want to have encrypted currencies. At the moment, governments will want to control them.”
https://www.ccn.com/billionaire-eugene-kaspersky-world-isnt-ready-for-bitcoin-yet
Kaspersky made the remarks in an interview with Arabian Business, during which he denied reports that his Moscow cybersecurity company develops spying technology for Russian intelligence.
Bitcoin Adoption Requires New World Order
Kaspersky says he believes that digital currencies will eventually overtake paper money in the future. However, he thinks that will require a new world order, where there’s a single government instead of the many different nation-states that we have today.
“Cryptocurrencies are a great idea, but the world is not ready for them yet. The world must be united if we want to have encrypted currencies. At the moment, governments will want to control them.”
https://www.ccn.com/billionaire-eugene-kaspersky-world-isnt-ready-for-bitcoin-yet
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