Sam Bankman Fried, CEO of FTX, one of the largest cryptocurrency exchanges in the world, thinks that Bitcoin has no future as a means of payment.
According to the report of the Financial Times on May 16, the CEO of FTX said that Bitcoin inefficiency and environmental factors. He said that he had no future as a means of payment because of this.
Sam Bankman Fried, on the blockchain system underlying Bitcoin He stated that he thought the Proof-of-Work (PoW) mechanism would not be able to handle the millions of transactions that would be needed for payment transactions.
Also CEO:
Bitcoin is not a payment and scaling network.
made statements.
El Salvador had accepted Bitcoin as legal currency, but according to research in the United States, in daily life Bitcoin usage is very low exists.
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In addition, according to a study by the University of Cambridge Bitcoin mining, including Norway and Sweden from many countries more electricity consuming.
104-year-old magazine and digital publisher of Forbes, In the list he announced the billionaires in the crypto money market of FTX CEO and co-founder Sam Bankman-Fried, 30, was in second place with 24 billion assets.
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