In a video published by CNBC, Steves, who often covers high technology stocks including Nvidia, whose value has been boosted by cryptocurrency mining, defends his bullish
expectations on blockchain technology and its applications.
Madden, who later appeared
on a panel conversation centered
on the
technology's growth in Asia, made the case at the event that despite the level of press time issue has received, lofty
expectations for the bitcoin
blockchain are the root of what he argues is a mischaracterization of its technical efficiencies.