Adam Ludwin, co-founder of enterprise blockchain company Chain, projects production deployment timelines for institutional financial blockchain networks.
Prediction Open · timeframe Nov 2020
Ludwin: Bitcoin will never go away as long as the internet exists
“Bitcoin is never going to go away. It will, Bitcoin will never go away. It will live on for as long as the internet lives on.”
Assertion Partly supported
Ludwin: Chinese investors buying Bitcoin to bypass capital controls caused 2015 rally
“The demand in this case is coming from the Chinese, who are anticipating a currency devaluation, which has been announced and in China, and are using Bitcoin as a means to circumvent capital controls.”
Prediction Open · timeframe Nov 2020
Ludwin: Post-trade clearing and settlement functions will disappear
“So if money moves over IP and all assets move over IP, we don't actually need as many of the clearing and settlement functions that we currently use today. Because they exist For the fact that we're just, you know, today we send digital messages, but then ther…”
Prediction Not checkable as stated
Ludwin: Capital market securities will be natively issued as digital assets
“What you'll see in the case of the capital markets is that securities and other financial products or assets will be issued at the outset as a digital asset”
Prediction Not checkable as stated
Ludwin: Blockchain will shrink the overall size of the financial system
“I think most in general, what we envision, you know, over time is a much smaller financial system, actually, because many of the players in that in the financial ecosystem are there because they are helping to clear and settle, helping to Ensure there's no fra…”
Prediction Held up
Ludwin predicts central governments will mint currency as digital tokens
“The very long term, and this is sort of controversial, but I don't, I think some, but I don't think is, is that central governments will be minting currency this way. So we already have three different forms of a dollar bill today. We have a literally like a d…”