Normally the question is success or failure, he seems to think that Bitcoin's future will be as a "killer app" or a radical advancement. Personally I'm not ready to call it a "success" until the massive fraud that is the mining hardware manufacturing industry is dealt with, severely. I agree with his assertion that the network security lays with the miners.
At least with IBM when I pay thousands of dollars for computing hardware I can be sure I'm not being scammed by a clique of professional confidence criminals and their army of shill liars and scumbags. All this scam action takes away from Bitcoin's success.
His comments seem to be more along the lines of personal opinion and speculation rather than any kind of official company sentiment on the direction they're going to take "distributed payment systems".
Topic: IBM’s Richard Gendal Brown on Bitcoin capabilities (Read 968 times)
Richard Gendal Brown, IBM UK’s executive architect thinks Bitcoin may be crucial in blending various fields of study to find innovative solutions to old problems.
- Read full article HERE
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