Tech Industry Leaders Meet To Discuss Future Of Bitcoin
The event called "The B Word" gave people like Elon Musk and Jack Dorsey a chance to explain how cryptocurrency works and what the future looks like.
Technology pioneers Elon Musk and Jack Dorsey took part in an online discussion Wednesday to discuss the merits and the future of Bitcoin.
The event, billed as "The B Word" offered a chance for the panel to explain to investors how the cryptocurrency works and why they feel it's important to the world today.
Musk, the CEO of Tesla and SpaceX said money is "fundamentally an information system" and Bitcoin functions as a candidate to "improve the quality of information with which we conduct the economy."
Musk also said Tesla will most likely start accepting Bitcoin again as payment. That comment gave the cryptocurrency's price a bit of a boost.
Dorsey, the CEO of Twitter and Square said Bitcoin is suitable to be the internet's native currency because of its controls, resilience, and scrutiny.
"It's not controlled by any state, not controlled by anything, it's not controlled by any corporation," Dorsey said.
"I don't know of many other consensus based models that have existed at that scale for this long with this amount of success."
Additional reporting by the Associated Press.
Netflix password-sharing changes could push other platforms to follow
Netflix still plans to change password-sharing rules after catching heat online, and its streaming competitors are taking notes.By AP
AI, like ChatGPT, is creating teaching challenges on college campuses
Plagiarism is nothing new, but the role artificial intelligence is playing in it is now a concern at colleges across the country.By Scripps News
Drones are being tested to deliver AEDs to cardiac arrest emergencies
Sweden is one of the first places to develop an AED drone delivery program, and over the span of four months, they made 11 deliveries.By Scott Sonner / City of Flirtey via AP
GOP on State of the Union: 'Biden and the Democrats have failed you'
Arkansas Gov. Sarah Huckabee Sanders told her audience that Biden and the Democratic Party “failed you. You know it, and they know it.”By Al Drago / AP
After State of the Union, Tyre Nichols' family pushes accountability
Just after attending the State of the Union address, Tyre Nichols' parents talked to Scripps News about their experience and hopes for the future.By Patrick Semansky / AP
President Joe Biden delivers the 2023 State of the Union address
President Joe Biden's annual address focused on bipartisanship while touting the administration’s economic accomplishments.By Patrick Semansky / AP