Bitcoin as its implemented and implementation of blockchain and distributed ledger I assert is bad, says VMware CEO Pat Gelsinger. Its purpose is almost all illicit and it’s an environmental crisis. This is a terrible implementation of blockchain. I’m not saying that blockchain is bad. I think it is revolutionizing.
PaymentTrends
PaymentTrends
Glint Democratizing Gold With New Gold-Backed Debit Card
What we believe is gold is the ultimate form of money. Central banks hold it. It has been being used as money for thousands of years. It just couldn’t be used in electronic payment until now. We’ve just solved the biggest problem with gold. You can now use gold as money.
Facebook’s Libra Is a Force For Good, Says PayPal Co-Founder
“In general, Libra is a force for good,” says PayPal Co-Founder and Affirm CEO Max Levchin. “It’s a really interesting experiment. I’m glad they’re doing it in a way that isn’t just Facebook because of all the headwind that Facebook has experienced with the regulators.”
How WEX Has Dramatically Diversified Its Payment Solutions
“Over the last several years in the company’s history we’ve diversified the business so that we have less and less exposure to fuel,” says WEX CEO Melissa Smith. “But as fuel prices go up we do have some benefit from that and when fuel prices go down we do have something negative to that.”
The Subscription Economy Is Taking Over The World, Says Gainsight CEO
“What’s happening is that the subscription economy is just taking over the world,” says Gainsight CEO Nick Mehta. It shows up for our consumer lives with Netflix, Amazon, etc. It shows up at work as well. Because of that, all of those companies just can’t afford to just sell to their customers and move on.”
Designed From the Ground Up To Be a Great Medium Of Exchange, Says Facebook Calibra Head
Today we’re sharing plans for Calibra, a newly formed Facebook subsidiary whose goal is to provide financial services that will let people access and participate in the Libra network. The first product Calibra will introduce is a digital wallet for Libra, a new global currency powered by blockchain technology.
Incredibly Positive For Blockchain Market to Have Facebook Leaning In, Says Ripple CEO
“It’s an incredibly positive signal for the overall blockchain and crypto market to have a player like Facebook leaning in,” says Ripple CEO Brad Garlinghouse. “To see major industry players lean in and participate in marketing is really positive for the overall market.”
Everything Can Be Digital At The End Of The Day, Says Wingstop CEO
“Everything can be digital at the end of the day,” says Wingstop CEO Charles Morrison. “We still take a lot of phone orders and a lot of people still walk. So every time somebody accesses us we want the opportunity to digitize that transaction.”
We’re Enabling a New Era of Hospitality, Says Toast CEO
“We’re enabling what we call this new era of hospitality,” says Toast CEO Chris Comparato. “We’re investing heavily in R&D. This is a massive opportunity and the restaurant community is a massive market. The market is untapped and we’re in the early days of a major transformation across the entire industry.”
A Facebook Coin is Probably the Next Big One, Says Blockchain Capital Limited Co-founder
Perhaps with multinationals being what they are the fact that they are able now digitally and technologically to issue their own currencies and request their consumers to use it is perhaps not a sort of an unreasonable thing to think. It may not be the whole mission short term but certainly in the medium term for sure. I mean a Facebook coin is probably the next big one.