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Cryptopolitan 2022-05-16 15:00:45

FTX Chief Sam Bankman-Fried believes Bitcoin is not a reliable payments system

FTX CEO Sam Bankman-Fried believes that Bitcoin has no future as means of payment.  Bankman-Fried says Bitcoin’s Proof-of-Work network is not suitable for payments. He thinks it is slow and expensive to send transactions, making it a poor choice for everyday transactions. Bitcoin can only process about seven transactions per second. This means it takes...

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