[2016-05-03] Larry Summers: Blockchain Can Succeed Without Bitcoin

[CrimBit]

Summers told the audience:

"Is the blockchain technology going to be fundamental? I think the answer is overwhelmingly likely to be yes. Is bitcoin going to be a valuable store of value, the same way as people use gold? I don’t know, but I think that certainly the answer is 'no' doesn’t seem like the right position to take."


http://www.coindesk.com/larry-summers-us-treasury-blockchain-can-succeed-without-bitcoin/


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