Albert Szmigielski: Are Blockchain and Bitcoin A Fad?

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Albert Szmigielski, Blockchain Researcher and Engineer, on whether or not Blockchan and Bitcoin are a fad.

It is not going away. The genie has been let out of the bottle, you can’t put it back in. Obviously, it’s a big threat for traditional banks because if we have bitcoin as money then why do we need to keep our money in our traditional banking accounts. It’s also a threat for central banks, if a large number of people use an alternative currency.