“Bitcoin may be gaining popularity but a senior official of internet giant Google said he was not ‘particularly optimistic’ about the digital currency’s future since it suffers from being the first in that space. ‘It (bitcoin) is partly a medium of transaction, a medium of exchange,’ Google’s chief economist Hal Varian said. ‘I think something like this technology will take hold in the future but I am not particularly optimistic about bitcoin because it suffers from being the first in the area. [..] We have a saying in the US that you can always tell pioneers that they are the ones with errors in their bags,” Varian said here. He was interacting with the audience after giving a talk organised by economic policy think tank ICRIER.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Protesters block another Google bus, plan march against evictions
Needy EU Nations Woo Chinese Home Buyers to Ease Slump
Every Georgia driver who refuses to blow is strapped to a table, put in a headlock, blood forcibly t...
Red Cross chief: Syria needs humanitarian aid, not just military threats
NSA, Homeland Security issue ‘cease and desist’ to novelty store owner
UK Government and Isle of Man in deal to stop offshore tax evasion
FDA finally releases draft of new food import safety rules
Saudi Arabia ready to replace Western military and economic aid to Egypt
Jim Rogers Is Buying Gold Coins From North Korea
Shopping tools help patients find cash prices for medical procedures
India gold smuggling at all-time high, despite Nepali kingpin's death
Supreme Court rules generic drug makers cannot be held liable for defects
Filibuster change clears way for White House to stack ObamaCare panel
France’s interior minister says Syria militants pose national security threat
U.S. Stepped In To Halt Mexican General's Rise