RE: What Gives HBD Value: Payment System

[taskmaster4450le]

Here is the CEO of FTX who talks about how Bitcoin failed as a payment network.

https://financialpost.com/fp-finance/cryptocurrency/ftxs-billionaire-chief-says-bitcoin-has-no-future-as-a-payments-network-ft

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Comments

[taskmaster4450le]

Here is a key point:

FTX Founder and Chief Executive Sam Bankman-Fried told FT that “proof of stake” networks would be required to evolve crypto as a payments network as they are cheaper and less power hungry.

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[barski]

These guys are looking for reasons, not opportunities to use it.

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