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On the latest episode of Financial Freestyle with Ross Mac, Tall Guy Tycoon Armando Pantoja sits down with Mac to discuss cryptocurrency and blockchain technology.
“Cryptocurrency is based on blockchain technology, ” Pantoja says, explaining that he believes blockchain technology to be “the most secure database that’s ever been created.”
On top of that, blockchain is, that’s when the money transfers back and forth,” he explains, noting that other services can send money back and forth, but blockchain technology sets crypto apart from those. “The technology is what makes bitcoin and all other cryptocurrencies so valuable.”
He believes that blockchain will be transformative and that everyone will eventually use blockchain technology. “We’re not invested in bitcoin (BTC-USD) or the currency. We’re invested in that technology that underlies it.”
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This post was written by Meredith Lawrence.
