[2017-11-13]Jack Ma Talks About BTC: Be Careful, but It’s Powerful

[hl5460]

How does Jack Ma see the development trend of bitcoin? He gave the following reply to a BTC fan in a recent public event:

“For Bitcoin, I don’t have much interest, what I want to know is, what can bitcoin bring to society?” But anyway, I think blockchain technology is very powerful, so in Alipay business of Alibaba, we are also trying to ensure that we can push the world into a cashless society. But bitcoin, we look at it in a very careful way. I am not very familiar with Bitcoin, I am always curious. But I think for bitcoin enthusiasts like you, Bitcoin is inseparable. ”
Although Jack Ma emphasized in public his cautiousness about bitcoin, his affirmation on its underlying technology-blockchain can be sensed through his words.

http://news.8btc.com/jack-ma-talks-about-btc-be-careful-but-its-powerful

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[iamTom123]

How does Jack Ma see the development trend of bitcoin? He gave the following reply to a BTC fan in a recent public event:
“For Bitcoin, I don’t have much interest, what I want to know is, what can bitcoin bring to society?” But anyway, I think blockchain technology is very powerful, so in Alipay business of Alibaba, we are also trying to ensure that we can push the world into a cashless society. But bitcoin, we look at it in a very careful way. I am not very familiar with Bitcoin, I am always curious. But I think for bitcoin enthusiasts like you, Bitcoin is inseparable. ”
Although Jack Ma emphasized in public his cautiousness about bitcoin, his affirmation on its underlying technology-blockchain can be sensed through his words. http://news.8btc.com/jack-ma-talks-about-btc-be-careful-but-its-powerful

This is actually a popular sentiment expressed by many successful people on the rise of Bitcoin and how they can easily appreciate the value of the underlying technology on Bitcoin but not Bitcoin itself. It is just like saying that you appreciate the beauty and all the things about China but you don't care about its national and official currency. Anyway, the man admitted and honest enough to say that he lacks more information about Inhibitor so he was just advising the audience to be careful and that can be a very acceptable gesture from Asia's most popular and most successful e-Commerce magnate.

[stuartgh]

I read first and foremost that Jack Ma sees the strategic interests of Alibaba aligned around the power of the blockchain to deliver business benefits in the longer term.

My hunch is that he has a team of ppl working to understand Bitcoin after rumours that Amazon might take BTC, but he's certainly not going to say that in public:-)

[hl5460]

I read first and foremost that Jack Ma sees the strategic interests of Alibaba aligned around the power of the blockchain to deliver business benefits in the longer term.

My hunch is that he has a team of ppl working to understand Bitcoin after rumours that Amazon might take BTC, but he's certainly not going to say that in public:-)

Can't agree more. In fact, most businessman has to be politician in China in the first place.

[moriskarlov]

How does Jack Ma see the development trend of bitcoin? He gave the following reply to a BTC fan in a recent public event:

“For Bitcoin, I don’t have much interest, what I want to know is, what can bitcoin bring to society?” But anyway, I think blockchain technology is very powerful, so in Alipay business of Alibaba, we are also trying to ensure that we can push the world into a cashless society. But bitcoin, we look at it in a very careful way. I am not very familiar with Bitcoin, I am always curious. But I think for bitcoin enthusiasts like you, Bitcoin is inseparable. ”
Although Jack Ma emphasized in public his cautiousness about bitcoin, his affirmation on its underlying technology-blockchain can be sensed through his words.

http://news.8btc.com/jack-ma-talks-about-btc-be-careful-but-its-powerful

I read about 10 Jack Ma`s everyday good habits and do not believe that such powerful and smart entrepreneur like he, has no assets accumulated in bitcoin or not good familiar with blockchain technology. He is very structured person who always allocates time for self development to open new horizons.

[Gotottack]

I am so glad to hearing these from a very successful person like him. This gives us a sense of acknowledgement. Nonetheless, I think the goal of Alibaba in pushing a cashless society is at par with the idea of Bitcoin that all things business can take place online. He might not have indicated precisely the strength of cryptocurrencies, but he have impliedly supposed it is powerful. These statements are very telling. What do you think you guys?

[23781946]

I am so glad to hearing these from a very successful person like him. This gives us a sense of acknowledgement. Nonetheless, I think the goal of Alibaba in pushing a cashless society is at par with the idea of Bitcoin that all things business can take place online. He might not have indicated precisely the strength of cryptocurrencies, but he have impliedly supposed it is powerful. These statements are very telling. What do you think you guys?

LOL,  I think he prefer BTC rather BCH. Alipay is layer 2 settlement.

[wilhb81]

I read first and foremost that Jack Ma sees the strategic interests of Alibaba aligned around the power of the blockchain to deliver business benefits in the longer term.

My hunch is that he has a team of ppl working to understand Bitcoin after rumours that Amazon might take BTC, but he's certainly not going to say that in public:-)

During the latest "Taobao 11.11 sales" - it made another new record, the total sale was over RMB250 billion+ on that specific day!

I agreed with you, Alibaba might develop their own digital currency "secretly", so they can keep competing with their toughest rival - Amazon in future...

[Oo ako to]

Jack Ma is really an intelligent man. He really deserves to be successful because he knows what blockchain can do and he is always pushing a cashless society for all of us.  It is really powerful and I think he is just warning people about some scammy cryptos.

[rjbtc2017]

Jack Ma doesn't just spit word about Bitcoin because he doesn't know anything about it which is good unlike other influential people in Business and Investment firm fields have been spitting bad words at Bitcoin, Good for Jack Ma for acknowledging Bitcoin.

Is "I am not interested"  different from "I am always curious" Lol Jack Ma, failed on Playing Words. Though Jack Ma should know that Bitcoin could help Society through building different Businesses with the relation with Bitcoin and Blockchain, same with how Alibaba created jobs that helped the society.

I know that Jack Ma is open on different and new technologies that could help different businesses, we can see a little light of hope of possible integration of Bitcoin as a type of payment on Alibaba.

[moriskarlov]

Thise week Jack Ma again had short CNBC`s interview about his sight on Bitcoin. It`s pity, but on his opinion world and economy is not ready for Bitcoin, he knows very little about bitcoin, he is totally confused, but his company contain a team who studies blockchain technology.