‘No One Can Shut Down Bitcoin,’ Says Impossible Cloud Founder

Impossible Cloud Network‘s founder Kai Wawrzinek on Thursday said that the same resilience that secures Bitcoin (CRYPTO: BTC) should underpin global cloud infrastructure.

His comments come as the Web3 cloud platform secured a $470 million valuation through fresh investment from NGP Capital.

In an interview with Benzinga discussing the future of cloud infrastructure, Wawrzinek, issued a stark critique of centralized cloud systems, citing issues ranging from vendor lock-in to geopolitical risk. “No one can shut down Bitcoin,” he said. “This should be true for the global cloud as well.”

The remarks underline the philosophy behind ICN, a decentralized cloud platform now backed by NGP Capital, the VC firm known …

Full story available on Benzinga.com