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In the latest episode of Financial Freestyle with Ross Mac, top tycoon Armando Pantoja sits down with Mac to discuss cryptocurrency and blockchain technology.
“Cryptocurrency is based on blockchain technology,” says Pantoja, explaining that he considers blockchain technology “the most secure database ever created.”
“On top of that, blockchain is where money is transferred back and forth,” he explains, noting that other services can send money back and forth, but Blockchain technology distinguishes crypto from these. “Technology is what makes bitcoin and all other cryptocurrencies so valuable.”
He believes blockchain will be transformative and everyone will end up using blockchain technology. “We do not invest in Bitcoin (BTC-USD) or the currency. We invest in the technology behind it.”
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This article was written by Meredith Lawrence.
