Author

Topic: FUD of the week - Geopolitical Analyst Believes Blockchain Will Become Obsolete (Read 129 times)

legendary
Activity: 3080
Merit: 1500
Geopolitical analyst George Friedman says that blockchain technology will one day become “obsolete,” in an interview with CNBC on June 15th, 2018.

His comments on blockchain technology:
1. "I've never known any encryption technology not to be broken,"

2. "It's useful. It's visible, at some point it'll be obsolete."

3.  "blockchain is one of those hypes. People [are] profiting from it, making extraordinary claims about it."

My conclusion:
Another angry kid in the town. Expert in creating FUD in some intelligent way by not attacking bitcoin directly, instead chosen encryption capability of blockchain.

What do you think?

News source: https://www.cnbc.com/2018/06/15/geopolitical-analyst-george-friedman-says-blockchain-will-become-obsolete.html
Jump to: