@mlevchin Max Levchin on the future of blockchain and bitcoin

Max Levchin, one of the founders of PayPal and a very successful entrepreneur and investor in many different startups in the Silicon Valley, was recently on stage at the South by Southwest conference (SXSW2016) in Austin, Texas.

He had a very interesting keynote speech in general, but the one thing I though I would share came just at the very end, with a question from the audience about blockchain.

Levchin spoke of both blockchain and bitcoin, and he clearly has been following both trends since early on in the game.

Still, he claims he is very bearish on bitcoin, also due to the recent harsh discussions around features and directions of the bitcoin protocol, while at the same time he is definitely more bullish on what blockchain can bring to many different businesses.

The answer is just 2 minutes long, and is definitely worth listening to:

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