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Author Topic: [2016-02-24]Federal government’s bitcoin adviser calls blockchain startups ‘misg  (Read 209 times)
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February 24, 2016, 08:52:18 PM

Paul Chou is an outlier in the super-hot New York City blockchain scene working to build the decentralized ledger technology made popular by bitcoin into the core of Wall Street. While this new crop of venture-backed companies is trying to separate the blockchain from the concept of a cryptocurrency, Chou says the two are inextricably linked and must remain so if the blockchain technology is ever to be widely adopted.
“A lot of the proposals for using blockchain without bitcoin are extremely misguided,” Chou, the cofounder and CEO of LedgerX who previously wrote code for Goldman Sachs, said in an interview with the New York Business Journal. “Maybe incredibly misguided, and certainly not proven.”
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