Bitcoin along with the other cryptocurrencies remained the point of discussion among new age experts. However, many times these digital assets created differences among them due to different viewpoints. Some of them think of it as a technical advancement of currencies while others keep a skeptical perception of them. Ex-Google CEO is part of the former section given his opinion on Bitcoin.
Eric Schmidt – former CEO and Chairman at Google – seems quite intrigued by the creation of the top cryptocurrency. His acts show that he is a crypto believer. Several reports also state that he owns some cryptocurrencies by himself. Recently, in a video, a former Google executive showed his affection towards bitcoin where he considered the technology of bitcoin as a remarkable achievement.
In 2014, Schmidt was speaking at the Computer History Museum and the video was recorded at the same event. During his conversation, he emphasized on bitcoin’s technology and cited its importance in today’s world. He said bitcoin is a remarkable cryptographic achievement. It has the ability to create something unique which could not be replicated. This feature makes bitcoin quite valuable in the digital world, Schmidt added.
American Businessman and software engineer – Eric Schmidt – was CEO of Google during one of its most significant phases of growth in 2001 to 2011. Former Executive at search engine giant said the fundamental architecture of cryptocurrencies – is an impressive advancement. He agreed at the time that people would be building their businesses on them.
Schmidt served as executive chairman of Google’s parent company, Alphabet Inc between 2015 to 2017. Later from 2017 to 2020, he also served as Technical Advisor at the company.
The aforementioned thoughts of Schmidt were made at the time when bitcoin was in its struggling phase. Clearly, his opinions were overlooked during the time, but it acted as initial steps toward bitcoin’s getting popular.
Source: https://www.thecoinrepublic.com/2022/08/07/former-google-executive-says-remarkable-cryptographic-achievement-to-bitcoin/