in

Yanis Varoufakis says Bitcoin ‘can never be a currency’ – but praises ‘brilliant’ blockchain technology

Yanis Varoufakis says Bitcoin ‘can never be a currency’ – but praises ‘brilliant’ blockchain technology



View Reddit by hawthornepoliticsView Source

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

8 Comments

  1. Label as you will, right or wrong, Bitcoin is what it is.

    If you’re stupid, go ahead an get hung up on somebody else’s label. I suppose that’s a lot easier than putting in some effort to actually understand what Bitcoin actually is, the basics of how it works, and the problem(s) it solves.

    https://youtu.be/ax7LRJz7VnA

  2. tldr; Former Greek Finance Minister Yanis Varoufakis has said Bitcoin will never become a currency in a modern economy. He said the cryptocurrency lacks the inherent mechanisms needed to tackle major crises, whether they be financial or pandemic-related. He concluded that Bitcoin “can never be a currency, and it should never be

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

What do you think?

Is it me, or is this confusing? At first look, what version is most likely to be the most recent?

Colin Harper discusses how the migration of mining from China has become an opportunity