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Dell founder: optimistic about blockchain technology, but skeptical of Bitcoin

October 9, 2021
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Michael Dell, the founder and CEO of Dell Technologies, stated that blockchain as a category “may be undervalued” but is skeptical of Bitcoin and he “plans to give up” Bitcoin. It is reported that Dell is an early adopter of Bitcoin.
The company sells various products such as hardware and cloud computing services, and began accepting cryptocurrency as a payment method in 2014. Later, due to “low demand”, Bitcoin stopped using Bitcoin in 2017.

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