There aren’t many CEOs who can blame company layoffs on interplanetary space crafts and Space-based Internet. But then, there aren’t many CEOs like Elon Musk. During an investor call for Tesla on Wednesday, Musk argued that the SpaceX layoffs were completely different and due to his company’s ‘absolutely insane’ projects. SpaceX documentary actual footage pic.twitter.com/RrEwYwMNgj — Elon Musk (@elonmusk) January 28, 2019 Insane or intrepid, no one likes losing their job. Come to think of it, no one likes hearing that to keep their job, they must work relentlessly and say goodbye to their work-life balance either. Musk may be
The Ethereum network would “absolutely survive” without the input of co-founder Vitalik Buterin, the developer has said, appearing to confirm he is “detaching himself” from his creation.
Buterin: Detachment From Ethereum ‘In Progress’
As part of a social media debate which covered various issues including his support of Ethereum-based altcoin projects, Buterin said that Ethereum itself could now continue even if it were impossible for him to contribute.
“I think ethereum can absolutely survive me spontaneously combusting tomorrow at this point,” he wrote on Twitter October 4.
Changpeng Zhao, the CEO of Binance better recognized as CZ, has said that crypto still has room to grow by more than a thousand times in the years to come. Earlier this week, as CCN reported, Ethereum co-creator Vitalik Buterin stated that while the cryptocurrency sector as an industry can grow by a thousand-fold, it
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The founder of non-profit Wikipedia Jimmy Wales said that they have absolutely no interest in launching an Initial Coin Offering (ICO), or turning to cryptocurrencies in general.
Jimmy Wales, founder of the popular free online encyclopedia, expressed his utter reservation towards the field of cryptocurrencies. When asked about whether Wikipedia even considers cryptocurrencies or the launch of a potential ICO, he said that they are “absolutely never going to do that.”
Despite the risks involved with investing in the still nascent cryptocurrency market, one chief security scientist believes that cryptocurrencies are still “absolutely a good thing” — they’ve just got some work to do.
‘The Trend is Obviously Not Our Friend’
CipherTrace — a company developing forensic tools and services for the Bitcoin, blockchain, and cryptocurrency markets — recently conducted a study which shows that the direct theft of cryptocurrencies is already three times more in 2018 than the entirety of the previous year. The report also suggests that losses may rise to $ 1.5 billion this year.
A former high-flying JPMorgan trader turned cryptocurrency fund manager says banks “have absolutely failed to innovate in any way, shape, or form and now they’re paying the price” in the cryptocurrency market.
Daniel Masters ran JPMorgan’s energy trading business in the 1990s and now oversees cryptocurrency investment at the firm Global Advisors. In an interview with Business Insider, he called cryptocurrency a “true revolution” that traditional financial institutions are dismissing as a “criminal enterprise, Ponzi scheme and a scam.”
Masters, who started out as an oil trader for Shell in the 1980s, said he became interested in cryptocurrency around five years ago and refocused his firm on digital currencies two years later in 2014.