Adviser Investments Chairman: Commercial adoption of blockchain technology is more important than cryptocurrency

Dan Wiener, chairman of Adviser Investments and senior editor of Independent Pioneer Investors, believes that the commercial adoption of blockchain technology is "more important" than cryptocurrencies. Wiener dismissed the demand for Bitcoin, arguing that payment platforms like Venmo attracted more users than cryptocurrencies. "Do we really need Bitcoin? I'm not a drug dealer. I don't worry about transferring money. We have many ways to transfer money. I don't know we have the need to hide ourselves or our identity."