“I’ll be surprised if bitcoin is here in five years,” he has told Fortune. “The value of bitcoin isn’t the currency, but the technology. I think once the world becomes more accustomed and attuned to the platform of bitcoin, the noise will go away, and the currency will go away too. The real transformation is the idea of taking all barriers down… Whatever currency or commodity you want to transact in, you can, and you can do it for free.” (Uphold charges a fee for credit and debit card deposits, and for withdrawals above a certain amount.)
Minor, too, predicts that bitcoin as a currency “will get destroyed.”
“This bitcoin startup is changing its name and moving away from bitcoin” – Fortune | $253.32
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