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CEO of blockchain company Chain on what everyone gets wrong about the technology

Adam Ludwin, CEO of Chain, on innovative applications of blockchain tech, linking public and private networks and the price of bitcoin.

  • Chain CEO Adam Ludwin thinks blockchain technology is not the answer to all problems, but rather a tool like many others that should be applied where relevant.
  • Ludwin thinks there is a false dichotomy between cryptocurrencies and their underlying blockchains. Although a blockchain may be able to support a cryptocurrency, it doesn’t mean it has to and has many other use cases.
  • Ludwin says there is no right price for bitcoin just like there is no right price for gold. There is a limited supply of bitcoin and the price is driven by demand. Ludwin says it is a better question for psychologists than it is for entrepreneurs.

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