Sam Bankman-Fried: Bitcoin Isn’t A Viable Payment Network

Sam Bankman-Fried: Bitcoin Isn’t A Viable Payment Network


Bitcoinist
2022-05-17 12:54:22

Sam Bankman-Fried, the Billionaire founder and CEO of crypto exchange FTX, believes that Bitcoin has no future as a payment network. Sam Bankman-Fried Thinks Bitcoin Isn’t A Payment Network He attacked the proof-of-work algorithm’s high energy consumption, arguing it couldn’t handle millions of transactions per second. However, he believes it has potential as a store […]