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Blockchain technology may be more valuable than previously thought, Joe Weisenthal notes

Blockchain technology may be more valuable than previously thought, Joe Weisenthal notes
Weisenthal reconsiders blockchain technology point

Joe Weisenthal, executive editor of news for Bloomberg Digital, stated that he is reconsidering his earlier skepticism of blockchain technology. Weisenthal described how he previously mocked those who argued that, while Bitcoin is speculative, the underlying blockchain technology is interesting. He now acknowledges that this viewpoint may have merit.

Weisenthal recently highlighted that PIMCO is facing an 85 percent loss on a Philadelphia office bond tied to AAA commercial real estate. He has also reported ongoing skepticism about the AI trade even as stocks have reached record highs in recent sessions, according to recent coverage. These topics have been recurring themes in his recent reporting.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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