Evidence receipt / prediction
Published · transcript-backedHal Varian: prediction
19 Jun 2019 Conversations with Tyler Hal Varian on Taking the Academic Approach to Business
“There are lots of things that you could fix, and I expect to see them fixed in the future, but I would say, crypto in general — big deal.”
Source trail
Everything needed to verify it.
- Speaker
- Hal Varian
- Attribution
- Verified speaker
- Claim type
- prediction
- Recorded
- 19 Jun 2019
- Publisher
- Conversations with Tyler
Transcript context
…Will there be a killer app, finally, for blockchain other than gray- and black-market transactions? Yeah. I would like to separate the blockchain from just cryptographic protocols in general. There’s a huge demand for various kinds of cryptography. Blockchain seems to be, by its nature, relatively inefficient. As an economist, I don’t like this proof of work that this is. I don’t like the fact that there’s one version of the blockchain that has to keep being updated. I don’t like the fact that it’s so slow. There are lots of things that you could fix, and I expect to see them fixed in the future, but I would say, crypto in general — big deal. Blockchain — not so much. When you say crypto — big deal, do you mean cryptocurrency?…
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