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״Circle CEO: Nobody Will Be Using Bitcoin in 5 to 10 Years״ – CoinJournal | $744.86

Alexander Reed
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Alexander Reed
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“Our view is that we’re still in the really early stages of the technology and its development. It’s highly unlikely that any of us will be using Bitcoin in five or ten years. In the same way that – how many of us use NCSA Mosaic or Netscape Navigator?”

Allaire went on to say that bitcoin is likely doomed for two reasons: lack of regulations and, surprisingly, inconsistent use. Despite all we hear about activity in China and its ongoing acceptance rate, Allaire says when you really stop and look at how often bitcoin is used throughout the world, it’s nothing to get excited about. In the long run, fiat remains far more popular than bitcoin, and digital currency could phase out sooner rather than later.

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Alexander Reed
Alexander Reed

Having delved into futures trading in the past, my intrigue in financial, economic, and political affairs eventually led me to a striking realization: the current debt-based fiat system is fundamentally flawed. This revelation prompted me to explore alternative avenues, including... Read More

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