It is “probably underrated right now,” according to founder and ceo of dell technologies michael dell, that blockchain technology will change the world for good. he believes that blockchain technology has a lot of potential for the future. bitcoin mining requires more energy than the whole world uses in a year, and that’s only in one day. because of many high-profile trading blunders, the financial sector is becoming increasingly wary about cryptocurrencies in general.
when it comes to pioneering cryptocurrency payment, dell has accepted bitcoin as a payment option. a year after accepting bitcoin as payment for his company’s services (which range from electronics to cloud computing), he found himself in legal trouble. in 2017, bitcoin transactions were suspended due to a “downturn in demand,” according to the company.
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