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BTC Has 'No Future' As Payments Network: Crypto Billionaire Sam Bankman-Fried

Sam Bankman-Fried, who at 30 years old is the world’s youngest crypto billionaire, said he does not see Bitcoin as a payments nor a scaling network. So reports TechCrunch.

bitcoin 2007769 1280Among his chief concerns with the cryptocurrency, he said, is its proof-of-work system. Bankman-Fried is the CEO of FTX, the second-most used digital exchange by volume.

Read the full article from TechCrunch.

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