/Unsure about the plans of tech giants Apple, Google & Amazon on Cryptocurrency : Ethereum Co-founder Lubin
Unsure about the plans of tech giants Apple, Google & Amazon on Cryptocurrency : Ethereum Co-founder Lubin | Rilcoin News

Unsure about the plans of tech giants Apple, Google & Amazon on Cryptocurrency : Ethereum Co-founder Lubin

Now, co-founder of Ethereum has also admitted that it is complicated to know what interaction the tech giants of the world are ideating with cryptocurrency.

 

At the launch event of Quartz, developer and ConsenSys co-founder Joseph Lubin stated that out of Amazon, Apple and Google, no specific signs were present of a significant relationship with the technology.

 

“Apple can be seen as completely unaware and uncaring. Google is participating in investments, but it is not clear that they have many activities going on,” he stated. “Amazon, we didn’t see that much, so we will see.”

 

Lubin commented the same week when a hotly-anticipated conference call from Amazon was being seen a red herring again.

No mention was declared regarding Bitcoin integration that had resulted as no end of buzz whether be inside or outside the cryptocurrency ecosystem.

Blockchain, usually, holds promise Lubin tells, with Amazon in specific, apt to watch casualties from a disruptive competitor. He also said, “I could imagine a decentralized Amazon”.

“We’ve watched the pieces. They are not related to each other. They all are not out or remotely developed, but I could think of an open platform involving many different actors performing different roles.”

Precisely, in the same interview, he introduced a rare positive spin regarding the concept that cryptocurrency value was supposed to be in a “bubble”, including he hoped it was just a beginning phase, with better and more significant bubbles about to come.

“Of course it’s a bubble. Hopefully, it’s one in a series of growingly bigger bubbles. These bubbles grab attention as they bring value into the ecosystem.”