30 May '17, 9am

bitcoin

bitcoin

"Governments are potentially having long-term issues with debt repayment, and the world is suffering so much debt. Maybe the world needs an alternative — in the sense that [bitcoin] is an asset-backed currency with limited supply," he told CNBC's "Capital Connection" on Tuesday. Preiss said he believes the technology backing bitcoin has the potential to go beyond financial markets, into a new social structure, with the fourth industrial revolution and developments in artificial intelligence. With the rise of populism, he said, it is evident that trust is becoming less prevalent in society globally. As the current social contract appears to fray at the seams, a network-based decentralized system, such as bitcoin, has increasing potential. Bitcoin is already occupying a considerable position in global financial markets, according to Preiss. "Bitcoin's market capitalization o...

Full article: http://www.cnbc.com/2017/05/30/bitcoin-could-help-the-wor...

Tweets

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The Future of Bitcoin Conference 2017

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news.bitcoin.com 27 May '17, 4pm

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotion...

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