George Friedman, a well-respected Hungarian-born U.S. geopolitical forecaster and strategist on international affairs, believes blockchain technology will eventually become “obsolete” — and he may be right.
‘It’ll be Obsolete’
Geopolitical forecaster George Friedman thinks the blockchain’s days are numbered.
Friedman explained his view of Bitcoin’s underlying technology to CNBC late last week at the UBS CIO Global Forum in New York. The chairman of Geopolitical Futures explained:
I’ve never known any encryption technology not to be broken. I doubt between Russia, China, U.S. intelligence services [that blockchain can’t be decrypted.]