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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Hometown on August 29, 2022, 01:21:36 PM

Title: Bitcoin is ‘one of the worst cryptocurrencies’ claims Cyber Capital founder
Post by: Hometown on August 29, 2022, 01:21:36 PM
Founder and chief investment officer of crypto-focused fund Cyber Capital Justin Bons have called Bitcoin (BTC) “technically one of the worst cryptocurrencies,” and a “purely speculative asset without utility” in comparison with other cryptocurrencies due to its lack of technological progress.

Bons added his two cents in an 11-part Twitter thread on Sunday, stating that Bitcoin and BTC’s value proposition has long deteriorated due to a broken long-term security model, comparatively weak economic qualities and lack of capacity, programmability and composability.information (https://cointelegraph.com/news/bitcoin-is-one-of-the-worst-cryptocurrencies-claims-cyber-capital-founder)