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RE: Jack Ma - Alibaba’s CEO — Bitcoin is in a “bubble” — but not blockchain — is he worried ?

in #bitcoin7 years ago

Alibaba has alipay which is digital payment but currently is fiat based. So maybe he sees bitcoin as competition

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I think you are right. They all have to learn and plan if cryptos are friend or foe depending on their business model. To me, he has plenty of time but there will be a day where some middleman will be at risk with more and more decentralization.