PayPal Co-Founder Max Levchin is ‘Still Trying to Figure Out’ Bitcoin

Max Levchin, a co-founder of major payments giant PayPal, isn’t sure bitcoin is a certain bet despite being a big believer in blockchain technology. Speaking to CNBC on the sidelines of the aptly titled Breakthrough Awards on Sunday, Levchin was asked to share his thoughts on blockchain technology, a decentralized innovation best-known for its association with bitcoin, the world’s first cryptocurrency. “It’s a brilliant mathematical idea, fantastic technology, interesting commodity to speculate on,” Levchin said enthusiastically about blockchain technology, adding it will be used in “different industries from financial technology…

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