LinkedIn Founder Tells Davos Forum: ‘We Want Bitcoin to Be a Success’

This year’s World Economic Forum in Davos, Switzerland has seen Bitcoin taking center stage in one business director’s hopes for economic innovation in 2015.
Founder and CEO of LinkedIn, Reid Hoffmann, said during an early lunch discussion that his hopes are resting on Bitcoin this year, reports Time, which hosted the discussion Wednesday. He said:
‘Bitcoin will either be a total failure or it’ll be a success and I think we want it to be a success.’
The surprising backing is made even more poignant when contrasted with how Bitcoin fared at last year’s conference, where bankers and business leaders alike unrelentingly attacked the concept of digital currency. Chairman and chief executive of investment bank JP Morgan Jamie Dimon said at the time:
‘The question isn’t whether we accept it. The question is do we even participate [with] people who facilitate Bitcoin?”

This post was published at Coin Telegraph on 2015-01-22.