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Author Topic: [2017-01-29] Reluctance to Use Bitcoin Could Haunt Blockchain Labs  (Read 132 times)
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January 30, 2017, 05:46:16 AM

News Bitcoin - Reluctance to Use Bitcoin Could Haunt Blockchain Labs

“About the only common element in the wave of initiatives has been a reluctance to use bitcoin,” details Lionel Laurent for Bloomberg. Meanwhile, blockchain pursuits by multinational corporations and financial institutions have garnered much criticism for being nothing more than “regulator-friendly shared databases.”

In the first half of 2014, as bitcoin consolidated and retraced the steps of its monumental 2013 all-time highs, R3CEV co-founders David Rutter and Todd McDonald were surveying the cryptocurrency space for startups in which to invest. By 2015 Mr. McDonald casually maintained the company’s blog, even mentioning MLB pitcher Bartolo Colon’s first major league home run which has been called “one of the great moments in the history of baseball.”

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