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Caitlin Long @CaitlinLong_
, 7 tweets, 3 min read Read on Twitter
1/ Let's review direct quotations from the Fortune article about @Bakkt and @ICE_Markets, which is available here: fortune.com/longform/nyse-…
2/ "And #bitcoin was the epitome of a broken model that if fixed, could change the world." --Jeff Sprecher, founder, chairman & CEO of @ICE_Markets
3/ "Sprecher & Loeffler disagree, arguing that a strong central infrastructure is precisely what's needed, and that ICE and its partners are the ones to supply it." [Loeffler is CEO of @Bakkt, previously head of IR/comms/mktg at @ICE_Markets]
4/ "Two things are missing," says Sprecher. "Trading on an official exchange, and safe storage for digital currencies on an institutional scale."
5/ "Our [@Bakkt] system would operate on a layer above the blockchain, and we'd keep our own omnibus ledger apart from the blockchain," explains Loeffler."
6/ "To evolve, the cryptocurrencies need to run on established infrastructure. They need the trust and rules that have been built into our financial system for many years. They need the kind of trust that the Big Board represents."--Jeff Sprecher, CEO of @ICE_Markets
7/ ...end of Fortune article quotations. Now please ponder this: What do these statements convey about @ICE_Markets and #bitcoin?
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