Bitcoin = Betamax? Maybe, Says Tech Investor Glenn Hutchins

in bitcoin •  7 years ago 

The former Gartner board associate sees the cryptocurrency market splintering along matter-of-fact lines.

Betamax_Betacam video cassette (1).jpg

Bitcoin could head the pathway of Sony’s Betamax videotape and droop as compared to its competitors. A tech investor, Glenn Hutchins who sits on boards of NASDAQ OMX Group and the Federal Reserve Bank of New York and who is also a great tech investor, made the argument in an interview on CNBC on May 9.

bitcoin betamax tech-investor glenn hutchins
7 years ago by

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