Sam Bankman-Fried, the Billionaire founder and CEO of crypto exchange FTX, believes that Bitcoin has no future as a payment network.He attacked the proof-of-work algorithm’s high energy consumption, arguing it couldn’t handle millions of transactions per second. However, he believes it has potential as a store of value.
Bitcoin (BTC) $ 29,397.00 0.1%
Ethereum (ETH) $ 1,844.66 0.29%
BNB (BNB) $ 239.12 0.76%
Solana (SOL) $ 24.45 0.87%
Polkadot (DOT) $ 5.00 0.24%
Cosmos Hub (ATOM) $ 8.37 0.78%
Flow (FLOW) $ 0.555415 0.08%
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