Former Paypal COO Discusses Bitcoin and Cryptocurrency, Argues ICOs Are Threat to VCs

August 17, 2017

Former paypal COO, David Sacks, discussed bitcoin and cryptocurrency during a recent interview with CNBC. During the interview, Sacks articulated that bitcoin is fulfilling the vision for a digital payment network originally held by Paypal, and expressed his belief that cryptocurrencies pose a significant threat to the venture capital sector.

Source: Former Paypal COO Discusses Bitcoin and Cryptocurrency, Argues ICOs Are Threat to VCs

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