"The World Will Be Ready for Cryptocurrencies in 300 Years," says Kaspersky CEO
Eugene Kaspersky, CEO of Kaspersky Lab, believes that the world today is not ready for cryptocurrencies, but they could be amazing 300 years down the road.
In an interview with a Russian news agency, Eugene Kaspersky, CEO of Kaspersky Lab, said that the world today is not ready for cryptocurrencies because of state-based divisions and lack of freedom.
“I believe that cryptocurrencies are a good idea. This is exactly what is needed for a single world that lives in absolute freedom. There [in that world], the cryptocurrency will work just exquisitely.”
In his opinion, cryptocurrencies will be ‘amazing’ in perhaps three hundred years...
"In a situation where the world is divided into states that sometimes have conflicts, cryptocurrencies will work all the same worse. As soon as they interfere with any state, they will be banned, and they will be fought. In three hundred years - it [cryptocurrency] will be an absolutely amazing thing.”
Interestingly, last year, Kaspersky expressed a similar point of view. But then, he predicted that cryptocurrencies would be widely circulated in “five hundred years.
"It’s a great topic. Blockchain in terms of cryptocurrencies is one of the most ingenious inventions, but, unfortunately, the world is not ready for it yet. After 500 years, there will be no money left, but only analogs of what we now call cryptocurrencies."
Based on Kaspersky’s measures, it seems that the crypto world is making great progress and skipped 200 years in 12 months.
Currently, Kaspersky Lab might be interested in blockchain technology, which is the backbone for most of the cryptocurrencies out there. According to the CEO, the technology is revolutionary, but its ideal use-cases are yet to be found.
“Blockchain technology is revolutionary, and I think we still don’t know yet how to apply it correctly; it's a potent technology.”
Recently, renowned businessman and investor Mark Cuban also spoke in favor of blockchain technology, calling it a great platform for future applications.