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In the latest episode of Financial Freestyle with Ross Mack, tall tycoon Armando Pantoja sits down with Mack to discuss cryptocurrencies and blockchain technology.
“Cryptocurrency is based on blockchain technology,” Pantoja said, explaining that he believes blockchain technology is “the most secure database ever created.”
“In addition to that, blockchain is how money is sent and received,” he explained, noting that while other services can also send and receive money, blockchain technology distinguishes cryptocurrencies from them. “This technology is what makes Bitcoin and all other cryptocurrencies so valuable.”
He believes that blockchain will be transformative and that eventually everyone will use blockchain technology. “We are not investing in Bitcoin (BTC-USD) or any currency. We are investing in the underlying technology.”
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This post was written by Meredith Lawrence.
