RATE Group | The Most Powerful Crypto CEO Is Skeptical of Bitcoin’s Future
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The Most Powerful Crypto CEO Is Skeptical of Bitcoin’s Future

05 Mar The Most Powerful Crypto CEO Is Skeptical of Bitcoin’s Future

Posted at 20:35h in Bitcoin News by

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Bitcoin was the first-ever cryptocurrency to be created, and the leader of the entire crypto market.

So then why is the most powerful crypto company CEO so skeptical of the asset’s future?

Bitcoin Tech Showing Signs of Age, Altcoin Attributes Shine

Bitcoin was first designed in 2008 by the mysterious, pseudonymous Satoshi Nakamoto.

The disruptive, decentralized cryptocurrency was the first of its kind and was built to solve the issues of any of the many digital currencies that came before it, such as double-spending and removing the need for a central authority.

Related Reading | 50% of Population To Use Bitcoin By 2043 If Crypto Follows Internet Adoption

But despite its futuristic intentions to eventually replace all fiat currencies on earth and become the sole global currency used across the world, the technology behind it is now ten years old and requires second-layer technologies in order to stay ahead of the competition brewing across the rest of the space.

Bitcoin is also…

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