FTX Chief Sam Bankman-Fried thinks Bitcoin Has No Future As A Payments System
– FTX CEO Sam Bankman-Fried says that Bitcoin is not capable of being an effective payment system because it is not efficient or scalable enough.
– He believes that an alternative blockchain that runs on Proof-of-Stake is required to create a functional payments network.
– However, he still believes that Bitcoin has a future as an asset and a store of value.
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