Bitcoin Will Die if These 4 Problems Remain Unsolved: Teen Crypto Millionaire

2019-5-21 08:41

By CCN: Teenage bitcoin millionaire Erik Finman has once again thrown himself into the spotlight by claiming that the flagship cryptocurrency ‘will die’ unless the sticky issues it is facing are resolved.

Speaking to Yahoo Finance, Finman indicated that the sticky issues plaguing Bitcoin are four. This includes its complexity with regards to use, high transaction fees, slow processing speeds and in-fighting among development teams. It’s facing four big problems. One, its high transaction fees. Two, it takes a long time you know to kind of send anything. And then three, the people that are trying to solve those problems…

The post Bitcoin Will Die if These 4 Problems Remain Unsolved: Teen Crypto Millionaire appeared first on CCN

.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 66214.67 (+0.14%)
Объем 24H $18.695b
Изменеия 24h: -1.20 %, 7d: 7.97 %
Cегодня L: $66040.38 - H: $67668.16
Капитализация $1304.466b Rank 1
Цена в час новости $ 7875.55 (740.76%)

problems bitcoin die millionaire four issues facing

Источник: ccn.com

problems bitcoin → Результатов: 126


Why We Should Never Hope For A Central Bank Of Bitcoin

Bitcoin economist, Tuur Demeester, explains why the idea of a ‘Central Bank’ of Bitcoin would create more problems than it would solve.   Bitcoin Exchanges Similar To Early US Banking System In the wake of the Binance hack and Bitfinex/Tether debacle, are crypto exchanges becoming ‘too big to bail’? And if so, should we be looking towards a ‘Central Bank Of Bitcoin’ as a solution? Bitcoin economist, Tuur Demeester, explains why he thinks that would Read More The post Why We Should Never Hope For A Central Bank Of Bitcoin appeared first on Bitcoinist.com.

2019-5-15 10:00


Bitcoin’s [BTC] significant S/F ratio could propel coin to $500K valuation, claims Crypto Zombie

The volatility present in the cryptocurrency market speaks for it itself as the prices undergo massive changes in a span of few days or even hours weeks. Bitcoin, the superior representative of the cryptocurrency ecosystem, has often been lauded as a solution to various financial problems and criticized for not having any “substantial value”.

2019-4-21 15:30


‘Bitcoin Guru’ Antonopoulos Claims Fungibility Issues Threaten Bicoin’s Domination

The author of ”Mastering Bitcoin” and notable educator Andreas Antonopoulos has claimed bitcoin’s domination is under threat over the next few years due to privacy concerns. Design and Fungibility: important things for longtime success At the Deconomy Conference in South Korea, the crypto guru shared his opinion regarding Bitcoin’s future in light of the unaddressed privacy issues.

2019-4-10 11:32


Фото:

Liquidators put the final nail in Gatecoin’s coffin

One of the first regulated cryptocurrency exchanges, Gatecoin, has officially been taken over by liquidators following a series of hacks and banking problems. In a document sent to creditors of the exchange late last week, the liquidators state that “all powers of the directors of Gatecoin have ceased and the directors no longer have any authority to deal with the assets and/or undertakings of Gatecoin.

2019-4-1 11:45


Alluva Partners With Refinitiv, Improves Cryptocurrency Insights And Analysis For Long-Term Institutional Investment

Alluva, a blockchain-based product that tracks sentiment data collected from millions of crypto users across the globe to generate actionable research and data for institutional, startup, cryptocurrency, and retail investors, recently announced their partnership with global financial market leader, Refinitiv.

2019-3-27 09:22


X-Hive Cryptocurrency Exchange: Safe Bitcoin Trading Platform to Try?

X-Hive is a decentralized cryptocurrency exchange featuring an original consensus that provides its users with access to a wide variety of cryptocurrency pairs in a secure trading environment. Additionally, by being a hybrid exchange, the X-Hive exchange platform will solve the major problems facing decentralized exchanges in regards to speed, scalability, and support issues through […]

2019-3-27 06:09


Фото:

Op Ed: With Bitcoin, Anarchy Is the Point, Not the Problem

Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems.

2019-3-23 17:29


BetterHash Can Improve Bitcoin Mining Decentralization, But When?

The level of centralization in mining is one of the more credible problems with Bitcoin today. While there has not been much activity in terms of actual attacks made possible through mining centralization (although some would refer to SegWit2x as an attack), it does add questions to the level of security offered by various layer-two […] The post BetterHash Can Improve Bitcoin Mining Decentralization, But When? appeared first on Coinjournal.

2019-3-12 16:15


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Did Erik Finman Really Just Brief Congress on Bitcoin?

Erik Finman, the famous kid who became one of the first teenaged crypto millionaires, briefed congressional representatives on Bitcoin yesterday – or so he says. He even posted a picture with a lectern and a US flag.

Teen Bitcoin Millionaire: “Bitcoin is Pretty Much Dead”

One of the youngest cryptocurrency success stories has a rather bleak outlook for the leading digital asset, Bitcoin. Erik Finman became a millionaire in his teens by investing money that his grandmother had gifted him, starting as early as 2011.