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Probably he is right, but the same story was with internet in the first days. But it got a lot of adoption and now we can't imagine how to live without internet, yes?

Yeah I agree we are still in early stages and blockchain has a lot to offer and will certainly be the future; one way or another.

He works for Ripple (from the article), and so therefore for "the banks". Is that right? And now wouldn't he have an interest in talking down the opposition?

Move on folks, nothing to see here. ^_^