4 days ago

MARA CEO Fred Thiel: Bitcoin’s Chance to Become a Payment Method Has Passed

TLDR: MARA CEO Fred Thiel says Bitcoin’s payment-method window has closed for good. Price volatility makes Bitcoin unreliable for high-volume commercial transactions today. Thiel expects stablecoins to dominate AI-related crypto payments going forward. Low transaction fees show Bitcoin’s network wasn’t built for payment volume. Fred Thiel, chief executive of Bitcoin miner MARA, said Bitcoin’s chance [...]

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Source: Blockonomi →