One of the world’s leading experts on innovation Don Tapscott recently stated that Bitcoin’s underlying blockchain technology could be bigger than the internet, while playing down the importance of Bitcoin’s open blockchain.
Tapscott Talks Bitcoin, Blockchain Dichotomy
Don Tapscott is one of the world’s leading experts on innovation and the economic and social impact of technology. He’s a respected advisor to many businesses and government leaders across the globe, which is why his recent statements to Bloomberg about Bitcoin’s underlying blockchain technology could be a hint of what’s to come.
Tapscott explains that while the internet of information in the past 40 years has been “great,” it has nevertheless been “limited” thus far. With the advent of blockchain technology, we’re now finally getting what he calls “the internet of value.” This new type of internet, he says, can generate even more wealth for the coming generations and give rise to a slew of new companies.
Tapscott, however, drives a wedge between Bitcoin “the asset” and its underlying blockchain technology. Bitcoin, he explains, is a digital currency that’s not created by any nation state,