Bitcoin ‘The Real Innovation’
“I don’t really see much of this stuff gaining much traction,” he said referencing blockchain solutions for global enterprise arguing Bitcoin is “the real innovation here.”
“I’ll bet you any amount of bitcoin that you’re wrong,” Lubin retorted, the pair adding the exact nature of the bet will be confirmed on social media.
The exchange had come about as an offshoot of a panel involving Song, Lubin and Amber Baldet, former blockchain program lead at JPMorgan, who had just presented her new blockchain project Clovyr.
Asked what he thought of it, Song “shocked” the audience by saying:
I don’t see anything other than buzzwords.
JPMorgan’s Lack Of ‘Substance’
“What I said wasn’t anything special,” he subsequently summarized on Twitter.
I verbalized what probably a large amount of the people in the audience were thinking and much of the reaction in the room was indicating that they, too, didn’t get anything of substance from the presentation.