CEO: Ethereum Could Challenge Credit Card Companies In “A Couple of Years”
“Ethereum co-founder Vitalik Buterin is optimistic about the future of his blockchainplatform, sharing his predictions during a talk with AngelList founder Naval Ravikant at TechCrunch’s Disrupt SF 2017 event on September 18.
Despite the growing popularity of Ethereum and other technologies like it, a large majority of people still don’t know what blockchain is or what it does. However, once the technology does reach the mainstream, Buterin believes it will be able to take business away from major credit card companies. He sees this shift potentially taking place in the next “couple of years.”…”
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https://futurism.com/ceo-ethereum-could-challenge-credit-card-companies-in-a-couple-of-years/amp/
Correction, Vitalik didn’t say that, his words were taken out of context.
He said Ethereum’s transaction volume would match Visa’s in a couple of years, he didn’t say Ethereum will take on Visa (or credit card companies) in two years time.
See the bottom of this TC article for the correction.
techcrunch.com – Ethereum will match Visa in scale in a ‘couple of years’ says founder | TechCrunch