Michael Saul Dell comments favorably on blockchain technology

Michael Saul Dell comments favorably on blockchain technology, remains silent on Bitcoin

Dell CEO said blockchain technology is underrated and needs more recognition. Michael Dell declined to comment on Bitcoin.

Michael Saul Dell is one of the biggest names in the world as he is president, CEO and founder of one of the world’s largest technology companies, Dell Technologies. In a recent interview with The New York Times, Dell made it clear that blockchain technology is “underrated”.

His comments are in favor of the blockchain explosion we are witnessing right now. The entire blockchain industry has seen an increase in adoption as blockchain games, NFTs, are hot commodities. Even companies like Auto1 FT are starting to open their doors to blockchain-based auto finance.

Michael Saul Dell not in favor of Bitcoin?

The billionaire’s commentary on the blockchain technology piqued the interviewer’s interest, who followed up with a question regarding the king of cryptocurrencies, Bitcoin. Michael Saul Dell gave an odd answer up his sleeve by completing his statement with “I don’t really know”.

Although historically speaking, Michael Saul Dell led the leading technology company Dell had actively participated in the adoption of Bitcoin in 2014. Dell has partnered with leading cryptocurrency exchange Coinbase to accept Bitcoin payments in exchange. of its services. Despite its neutral stance on crypto assets, Dell was among the first companies to accept crypto.

What are other investors saying?

The general acceptance of blockchain and the relative ease that the technology has provided are not hidden. But, this is still the beginning. Speaking on cryptocurrency, Warren Buffett, once the richest man in the world, considers investing in cryptocurrency to be a digital game.

Michael Saul Dell maintains cryptocurrency neutrality, but his positive stance on blockchain-based technology suggests he might have something up his sleeve in the future. As US dollar inflation hits all-time highs, Bitcoin’s presence appears to be helping all the countries and investors who are suffering.

Bitcoin’s market capitalization has already reached $ 1 trillion, 10 times that of Dell. This achievement speaks for itself.

Published By : Marseille News

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