Bitcoin Is A ‘Remarkable Cryptographic Achievement,’ Ex-Google CEO Says

Bitcoin Is A ‘Remarkable Cryptographic Achievement,’ Ex-Google CEO Says

Former Google CEO and chairman Eric Schmidt is simply impressed by the architecture that Bitcoin is built upon. He believes in the crypto. In fact, in our recent article, he reveals he’s invested “a little bit” of money into it. A video is now making the rounds in the virtual stratosphere showing the Google top […]


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Google Chairman Eric Schmidt: Bitcoin Architecture an Amazing Advancement

Speaking at the Computer History Museum, Google Chairman (and former CEO) Eric Schmidt had some good things to say about bitcoin. "[Bitcoin] is a remarkable cryptographic achievement," he said on a panel. "The ability to create something which is not duplicable in the digital world has enormous value." And while Schmidt wasn't exactly singing praises with regard to bitcoin's implementation as a currency, he see this technology as important. "The bitcoin architecture, literally the ability to have these ledgers which can't be replicated, is an amazing advancement," he continued. "Lot's of....

Fed Economist: Bitcoin a 'Remarkable' and 'Technical Achievement'

It's not everyday that you hear some positive Bitcoin-related news coming from the Federal Reserve. So it may or may not come as a surprise to you that an economist at the Federal Reserve Bank of Chicago has come forth declaring the digital currency as a "remarkable conceptual and technical achievement." François R. Velde, in his report, acknowledges that bitcoin may very well be something that's used by "existing financial institutions," signaling widespread awareness in the financial community. Velde's report also acknowledges that bitcoin has been growing. He has a great point. This....

Former Google CEO is now a strategic advisor for Chainlink Labs

Having previously previously described Bitcoin as "a remarkable cryptographic achievement" and with an estimated net worth of roughly $23.6 billion, Schmidt will likely be one of the wealthiest individuals acting as a Chainlink advisor. Eric Schmidt, the chief executive officer of Google until 2011 who later served as executive chair at the tech company and its parent firm Alphabet, has joined oracle solutions provider Chainlink Labs as a strategic advisor.According to a Tuesday announcement, Chainlink said Schmidt would guide the firm’s scaling strategy in its use of oracle networks to....

Federal Reserve economist says bitcoin is a remarkable technical achievement

A member of the United States Federal Reserve banking system has written an analysis of bitcoin, stating that there are many positive aspects to it. François R. Velde, senior economist of the Federal Reserve in Chicago, writes in his paper "Bitcoin: A primer" that bitcoin is a "remarkable conceptual and technical achievement, which may well be used by existing financial institutions." "The bitcoin protocol provides an elegant solution to the problem of creating a digital currency-i.e., how to regulate its issue, defeat counterfeiting and double-spending, and ensure that it can be conveyed....

CropBytes Games Celebrates a Milestone Unheard of, ‘4 Years of Sustainable We...

PRESS RELEASE. For a gaming community to complete 4 years in the crypto gaming industry is a remarkable achievement to say the least. CropBytes was launched during the 2018 bull run, and the team’s strategy and agility towards changing market scenarios and needs of the community have enabled the game to sustain and grow over the years. What started out as a NFT based game with initial flash sale, is now a game with a sustainable economy with a mix of FTs and NFTs with over 550k downloads and adequate liquidity is the market. With the first few months fo launching the assets in erly....