news

bitcoin

1 X bitcoin bitcoin =

Wednesday

21 October 2020

Billionaire UK newspaper owner calls DeFi technology ‘revolutionary’

Billionaire UK newspaper owner calls DeFi technology ‘revolutionary’


smart summary beta

In an extensive 1800 word opinion piece published in The Independenton October 13, the billionaire predicted blockchain tech will disrupt what he described as a parasitic global banking oligopoly, asserting that “blockchain technologies and smart contracts will make it unnecessary to employ the vast majority of people in the financial sector.”.

Part of the reason for his belief in the potential of cryptocurrency is that in its current form, Lebedev asserts that the global financial system is “leading the world economy to disaster.”

Goto Full Article

bitcoin bitcoin price

$9106.76

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.4)

Article Metadata

author

site

cointelegraph.com

categories

Market data feeds provided by cryptocompare.com
bitsmart 2018