What Do the Richest Men in the World Think of Crypto and Blockchain?

Published on by Cointele | Published on

None of the rumors have been confirmed, and Amazon has denied any plans to accept Bitcoin or any other crypto on its platform.

Although there are no official comments of Arnault about Bitcoin or blockchain technology, reports show that the billionaire teamed up with Microsoft Azure and ConsenSys last year to develop a blockchain platform that will track products produced by LVMH.Other blockchain and crypto-related reports about Arnault include one, in which he rejected involvement in setting up a Belgian crypto trading company called Abesix Belgique.

In a 2017 article by Business Insider, Ellison is quoted saying that blockchains are often thought of in the context of Bitcoin and other cryptocurrencies: "But increasingly, companies outside of finance are using blockchain technology to replace long-held authentication practices in law, real estate and shipping."

Since 2018, Zuckerberg has held a positive stance particularly toward blockchain technology, saying: "The technology powering Bitcoin could help improve Facebook in the future."

Unlike other high ranking politicians, such as the U.S. President Donald Trump, who expressed negative opinions about Bitcoin and Facebook's Libra last year, Bloomberg has shown a somewhat positive view on crypto and blockchain technology.

The founder of the giant e-commerce Company Alibaba and chairman of Ant Financial, a Chinese-based financial conglomerate, has revealed in the past that he pays special attention to Bitcoin and blockchain technology especially toward their capacity to establish a cashless society.

Even recently, during the 20th annual China Association of Science and Technology, Ma maintained his stance on Bitcoin being a possible bubble and pointed out blockchain as the "Key that opens a treasure of chest of effective new technological tools."

Michael NovogratzMike Novogratz, CEO and founder of crypto merchant bank Galaxy Digital Holdings and the former manager of the Fortress Investment Group, correctly predicted that Bitcoin would hit the $10,000 mark by the end of 2017.Popularly known as Novo, the unlikely crypto hero has maintained that: "Bitcoin is going to be the digital gold." According to Novogratz, Bitcoin is "The only one of the coins out there that gets to be a legal pyramid scheme. Just like gold is."

The two brothers and founders of Gemini, a crypto exchange, claim to own about 1% of the total Bitcoin in circulation.

During an interview with CNBC, Harris explained his position by pointing out that there is "No relation between value and usefulness" in the Bitcoin and crypto space.

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