Economics professor: Bitcoin could disappear soon

The US economist Eswar Prasad does not seem particularly convinced of the future of Bitcoin – the crypto pioneer is too impractical and resource-hungry. Other cryptocurrencies would have a lot ahead of Bitcoin.

In the more than ten years of its existence, Bitcoin has not only multiplied its value, but also triggered a revolution in finance and paved the way for hundreds of other cryptocurrencies. While many analysts and investors are convinced that Bitcoin could function as digital gold in the future, the price of which will rise to $ 100,000 and beyond, there is …

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