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Tether co-founder issues blunt warning on Bitcoin as a currency
When Reeve Collins first encountered blockchain technology in 2013, he recognized a revolutionary tool capable of moving money globally and instantly. However, he also identified a significant barrier to mainstream adoption: the only asset moving on these networks was Bitcoin. According to Collins, the very nature of Bitcoin makes it unsuitable for the roles traditionally held by money. "That's been the challenge of Bitcoin," Collins explained in a recent interview with Sujal Jethwani. "Especially if you rewind back to the beginning, everyone thought Bitcoin might be a new currency, might be the currency ... (full story)
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