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How high can bitcoin go? The real question is how low can the dollar go?
Patrick M. Byrne -
This is where the block chain is most useful and revolutionary: It helps us to overcome the problem of mutual trust in exchange, which will, in turn, make many of our modern central institutions unnecessary.
Patrick M. Byrne
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I've been all over meeting government ministers and such in Caribbean financial circles. There's a small blockchain movement in the Caribbean. They've been quite a bit more advanced than you might've imagined.
Patrick M. Byrne -
We want a money that some government mandarin can't just whisk into existence with a pen stroke.
Patrick M. Byrne -
We are on a crazy strategy with our central bank. It's good to have alternative ecosystems. It's not that the dollar will go away, but we need other options if it crashes or wildly inflates.
Patrick M. Byrne