CIBC CEO: We are not afraid of Bitcoin
The chief executive of Canadian Imperial Bank of Commerce (CIBC) recently expressed his opinions on the disruptive payment technologies like Bitcoin. Victor Dodig, who was attending the launch of their new mobile payment application Suretap in Toronto, said during a Q&A round that CIBC does not feel threatened by the challenges Bitcoin and similar peer-to-peer technologies pose to its business; instead, the bank is closely studying them in the interests of its own benefits. Dodig meanwhile rubbished the theories that favors new payment platforms over traditional banking sectors, especially....
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Mike Hearn has become one of the most respected developers and leaders behind the Bitcoin project in his five year tenure. Someone who is not afraid to point out the cracks in the paintwork, which is certainly what he has done with resignation blogpiece. With Mike Hearn’s blogpost and the subsequent media interest, a flurry of activity is happening in the Bitcoin space. Mike Hearn has become one of the most respected developers and leaders behind the Bitcoin project in his five year tenure. Someone who is not afraid to point out the cracks in the paintwork, which is certainly what he has....
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