Connect with us


Bitcoin is a ‘remarkable cryptographic achievement’, says former Google CEO




Former Google CEO and Chairman Eric Schmidt is simply impressed by the architecture Bitcoin is built on. He believes in cryptography. In fact, in our recent article, he reveals that he invested a little money in it.

A video now circling the virtual stratosphere shows Google’s chief executive hailing Bitcoin technology as an “amazing achievement.”

This video is a clip of Schmidt speaking at the Computer History Museum in 2014. In the video, the former Google boss highlighted Bitcoin’s underlying design and why it matters in the modern world.

Bitcoin is an amazing cryptographic achievement and the ability to create things that cannot be duplicated in the digital world is of enormous value,” he said.

Bitcoin is a ‘amazing’ progress, says Schmidt

According to Schmidt, the basic architecture of cryptocurrencies is … “It’s an amazing advancement.

Schmidt is an American businessman and software engineer who served as CEO of Google from 2001 to 2011, overseeing one of the company’s most significant stages of growth.

A native of Virginia, he served as Executive Chairman of Alphabet Inc. from 2015-2017 and Technical Advisor from 2017-2020. Just to mention a few of the many other important positions he has held over the years.

Schmidt made these comments at a time when Bitcoin (BTC) was still vying for global popularity. Although his views on the underlying cryptocurrency were not noticed at the time, he helped pave the way for its global recognition.

Schmidt’s view of Bitcoin technology aligns with recent revelations highlighting his interest in the technology behind cryptocurrencies. The 67-year-old former Google CEO’s position may be seen as a key impetus for the future of cryptocurrencies.

Billionaires invest in cryptocurrencies

Schmidt declined to disclose which cryptocurrencies he currently owns, saying he was “just getting started” in investing.

Since leaving Google, he has devoted himself to philanthropy through the Schmidt Futures Initiative. Through this initiative, we fund basic research in areas such as biology, energy and artificial intelligence.

It’s worth noting that the former executive’s crypto advances have accelerated over time. For example, he joined the Chainlink team in 2021 as a strategy consultant for the company. In addition, he is co-author of The Age of AI, a book on the future of the tech industry.

Schmidt is ranked 54th on the Bloomberg Billionaires Index list of the world’s richest individuals as of April 2022, with an estimated net worth of $25.1 billion.

BTC Market Cap at $439 Billion on Weekend Chart | Source: Featured Image, Chart




The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


to request, modification Contact us at Here or [email protected]