At a Blockchain Conference in San Francisco last month, a spat between Tone Vays, Head of Research at Bitcoin news portal Brave New Coin, and Safe Cash’s Chris Kitze, highlighted the paradigm shift in the blockchain technology industry.
Whereas historically Bitcoiners have often championed Bitcoin as a way to undermine government and banks, a new breed of blockchainers believe that the underlying technology, the blockchain, can make banks and governments better at what they do.
“There’s a couple of things you said that made absolutely no sense to me,” Vays told Kitze from the audience after Kitze had explained how government could undermine encryption technology and how the blockchain could be used . “One is strong encryption requiring KYC. The whole concept of encryption and Bitcoin are a direct result of the private sector fighting back against the public sector of this whole KYC/AML anti-encryption process. I was wondering if you can elaborate?”
https://www.cryptocoinsnews.com/blockchain-led-paradigm-shift-anti-establishment-pro-establishment-shocks-bitcoin-community/
