Wednesday, 31 January 2018

KodakCoin’s co-creator says the stock surge has been ‘a terrible distraction’

When Kodak announced on January 9 that it was planning to launch its own cryptocurrency, investors swooned.

By the end of the next day, Kodak’s share price had nearly quadrupled in the midst of a broader cryptocurrency frenzy that’s gripped the public since mid-last year.

Now, a co-creator of KodakCoin says he regrets that the Kodak stock surge ever occurred.

“It … caught everybody by surprise, internally,” said Cameron Chell, the entrepreneur and lead consultant on the KodakCoin project. “It’s been a terrible distraction and I really wish it didn’t happen.”

from Eve’s Feed http://www.stuff.co.nz/business/world/101033429/KodakCoins-co-creator-says-the-stock-surge-has-been-a-terrible-distraction



from
https://evewilki1971.wordpress.com/2018/01/31/kodakcoins-co-creator-says-the-stock-surge-has-been-a-terrible-distraction/

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