Tone Vays Tears Down a ‘Blockchain Not Bitcoin’ Meme during San Diego Conference

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Tone Vays is a obvious merchant in a bitcoin space who formerly worked during Bear Stearns and JP Morgan. Vays is now conduct of investigate during Brave New Coin, and he was featured on a row per a pros and cons of investing in Bitcoin during final week’s Blockchain Agenda Conference in San Diego.

[Read More: TechCrunch Disrupt Panel Discusses Bitcoin vs Blockchain]

During a row discussion, a participants were asked for their opinions on a Bitcoin contra blockchain debate. Not one to reason his tongue, Vays let it be famous that he doesn’t see how private blockchains will offer any insubordinate changes to a universe of finance.

How Useful is a Private Blockchain?

One of a pivotal points mixed individuals, from Xapo CEO Wences Casares to Bitcoin Foundation Chief Scientist Gavin Andresen, have mentioned when it comes to private blockchains is that these solutions aren’t most opposite from normal database technologies. In fact, a synchronized MySQL server might make some-more clarity than a blockchain when decentralization is not a tip priority.

Tone Vays hinted during this emanate during a new row discussion, as he remarkable there isn’t most of a point

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