Wednesday, April 3, 2013

The Innovation Project 2013 - Al Gore Speaks On Mobile Money And The Global Mind

PYMNTS.com

quote:

“When Bitcoin currency is converted from currency into cash, that interface has to remain under some regulatory safeguards. I think the fact that within the Bitcoin universe an algorithm replaces the functions of [the government] … is actually pretty cool,” Gore said. “I know that there are a lot of innovators that are out there that are trying to think up … come up with new models and I look forward to that.”[ emphasis added]

 Comment:

Surely, Gore jests.  Something here doesn't add up.  How can those who are pushing Bitcoin as some kind of revolutionary monetary system square that with what Gore said?  Or vice versa.


No comments: