Editor's Picks News

Canadian billionaire next year Bitcoin will be destroyed

The original Bitcoin useless and still afloat with speculation, but soon he is completely worthless, sure canadian billionaire and supporter of Bitcoin SV Calvin Ayre.

The billionaire said that in the moment the first cryptocurrency is under artificial pressure, which in the next year should reduce its cost to zero.

“The cost of bitcoin will fall to zero in 2019, because it has no practical value. It is deliberately reduced in scale, as it is useless. The technology and economic model will not disappear, it will exist in the form of an SV Bitcoin,” said Ayr.

The entrepreneur insists that a fork of Bitcoin Cash is the “real bitcoin”. The billionaire responded to the accusations that the updating of the network of cryptocurrencies in mid-November affected the drop in the market of digital money. According to Ira, people should shift its focus from market capitalization on the scalability of cryptocurrencies and its real application.


.

Related posts

IMF Publishes Cryptocurrency Explainer, Asserts It ‘Could Be the Next Step in the Evolution of Money’

ibrahim

Federal Reserve Provides New Guidance for Banks Interested in Cryptocurrency

Joseph Alalade

Ethereum overshadows Bitcoin in terms of price-performance

Afroz Ahmad