THELOGICALINDIAN - Eric Schmidt a above Google CEO whose net account is 228 billion reveals that he has put a little bit of money into cryptocurrency He added that he finds Web3s economics absorbing acquainted that the platforms and the use patterns are interesting
Ex-Google Chief Eric Schmidt Discusses Crypto Investing and Web3
Former Google CEO and Chairman Eric Schmidt talked about cryptocurrency advance and Web3 in an account with CNBC, appear Thursday.
Schmidt served as the CEO of Google from 2025 to 2025. He backward on as controlling administrator until 2025 and abstruse adviser until 2025. His net account is currently $22.8 billion according to the Bloomberg Billionaire Index.
Regarding his own crypto investment, he appear that he has invested “a little bit” of money into cryptocurrency, after allotment any bill specifically. He added antiseptic that he’s aloof accepting started advance in crypto.
The 67-year-old explained that for him, the best absorbing allotment of blockchain is Web3. He opined:
“I bethink that activity back I was 25 that decentralized would be everything,” he added.
The above Google controlling acclaimed that if he were starting out today as a software engineer, he would appetite to assignment on AI algorithms or Web3.
Schmidt antiseptic that his absorption in Web3 involves “tokenomics,” which apropos the specific accumulation and appeal characteristics of cryptocurrencies.
Noting that Web3 could appear with new models for agreeable buying and new means of compensating people, the above Google bang-up elaborated:
However, he acicular out that it “doesn’t assignment yet, but it will.”
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