Bitcoin Doesn’t Make People’s Lives Easier, Says CNET Founder Halsey Minor

It has great benefits, but is it really consumer proof?
Valentin Schmid
Updated:

Halsey Minor has seen it all. He made millions founding tech legends like CNET.com and investing in Salesforce.com in the 1990s. 

He then withdrew from the world plagued by a severe bout of depression which took him six years to overcome. He ended up losing his fortune when he declared bankruptcy in 2013.   

Because of his experiences with banks during his half a decade of suffering, he decided to change the consumer experience of money for good and started his new venture Uphold (formerly Bitreserve). 

In this exclusive and in-depth interview, Halsey Minor told Epoch Times how and why he innovates, and why Bitcoin likely won’t become the dominating currency of the world [Bitcoin: Page 2]

Epoch Times: Why do you Innovate?

Halsey Minor: I don’t innovate because I want to, I do it because I have to. I’m always seeing things and trying out how to fix them. I’m literally compelled to do it. The internet coming along was magical. This thing that comes along that remakes every single industry.

I don't innovate because I want to, I do it because I have to.
Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
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