Obama Once Asked Then Google CEO Eric Schmidt if Bitcoin Was Something to Worry About
Here’s an interesting little anecdote that’s come from a USA Today report via Reddit. Reporter Michael Wolff says that he was recently told a story at a White House dinner that involves President Obama and Bitcoins. In an apparent meeting with then Google CEO Eric Schmidt, the President asked if Bitcoin was something that ought to be on his radar: “The president, whose most important job is surely to protect the integrity of the monetary system, smugly asked Schmidt if Bitcoin, one of many growing challenges to currency hegemony, was anything he had to worry about,” writes Wolff. It’s....
Related News
Eric Schmidt, a former Google CEO whose net worth is $22.8 billion, reveals that he has put “a little bit” of money into cryptocurrency. He added that he finds Web3’s economics “interesting,” noting that the platforms and the use patterns are interesting. Ex-Google Chief Eric Schmidt Discusses Crypto Investing and Web3 Former Google CEO and Chairman Eric Schmidt talked about cryptocurrency investing and Web3 in an interview with CNBC, published Thursday. Schmidt served as the CEO of Google from 2001 to 2011. He stayed on as executive chairman until 2017....
Eric Schmidt, who was CEO of Google, has declared that there is confusion about the concept of the metaverse and what it means for people. Schmidt stated that, even with a company like the former Facebook pivoting its operations to occupy the metaverse market, there is still not a clear definition of the concept and how it will affect people’s lives.
Metaverse Still Not Defined, According to Google’s Former CEO Eric Schmidt
While there has been a considerable number of companies and firms that are already putting funds into and betting on the growth of the concept....
Eric Schmidt, the former chief executive of Google, recently shared his thoughts on cryptocurrency and Web3. Schmidt states that he has invested “a little bit” of money in cryptocurrencies, but does not specify which ones. However, he believes that the most intriguing aspect of blockchain is not digital assets. It is the Web3’s future. He […]
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....
U. S. Government factions run amuck are on their way to reaching their goal of having serious repercussions on The Internet and the future of free global online communication. The NSA has already successfully strong-armed Yahoo and other major databases into submission and full data transfer through coercion. Now the backlash of such dastardly deeds and unconstitutional government behavior may cause the rest of the world to react defensively, and "break The Internet," as we know it. Eric Schmidt, Executive Chairman of Google, has sounded the alarm at a recent Silicon Valley tech meeting,....