BlockShow Panelists Argue About Bitcoin’s Decentralization, Blockchain Pros and Cons

Today, August 21, at BlockShow Americas 2018, speakers at a blockchain-related panel debated the question of the Bitcoin (BTC) blockchain’s decentralization and the benefits of its applications to the global community. At the discussion panel titled “The Great Controversy: Blockchain as Seen From Major Institutions’ Perspective,” participants argued about the actual need for blockchain applications in payment systems and questioned the decentralized nature of the Bitcoin blockchain, as well as its practical implementation by major financial institutions. Nouriel Roubini, CEO of Roubini Macro Associates, claimed that the fintech industry “has…