In a recent interview with PayPal President and CEO Dan Schulman, PayPal Board Member and Xapo CEO Wences Casares shared his vision of a world where bitcoin becomes a global, apolitical standard of value. Bitcoin vs Blockchain TechnologyAlthough it became somewhat fashionable for people to say that they’re interested in blockchain rather than bitcoin a couple of years ago, Casares believes this is an ignorant viewpoint to hold. “That shows quite a lot of ignorance about how the system works because that would be the equivalent of saying, ‘I like the web, but I don’t like the Internet,’” Casares told Schulman. According to Casares, solid cases were made for the use of different Internet protocols for different use cases. This is similar to how some people view Bitcoin as a network for digital gold today, while Ethereum is a network for smart contracts or Monero is a network for privacy-focused transactions.

Source: Forbes January 15, 2018 17:15 UTC