Venture capitals may like the ideas of other public chains like R3 but they will later realize that Bitcoin is the real thing after the Blockchain bubble bursts, says angel investor in Bitcoin and Ethereum startups, Chandler Guo.
He said in his interview with ether.camp at the Clare Hall of the University of Cambridge:
“We’ve come to revolutionize them, not to be in cooperation with them. So we don’t like them. They are a big company, banking idea. We come here to use Bitcoin to destroy their system, not to follow them.”
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https://cointelegraph.com/news/how-bitcoin-will-destroy-r3-and-other-blockchains-in-three-years
