Bitcoin won't last in world of finance, warns Nobel-winning economist | Davos | The Guardian

With bitcoin holding steady near $23K for another day and ether remaining above $K, plus a look at what you missed at the World Economic Forum in Davos.

> "I do believe it will go to zero.

I think it's a great technology but I don't believe it's a currency. It's not based on anything," Jeff Schumacher, founder.

Davos 2023: Cowed crypto crowd feel winter freeze at WEF

Jeff Schumacher shared his opinion at Davos that Bitcoin will eventually go to zero, claiming it has here intrinsic value, unlike blockchain.

Rajan's statements come in the backdrop of the crypto market shrinking by $ trillion inwith Bitcoin losing 60 per cent of its value. While generalizations are often best avoided, it's fair to say that a significant number of long-time Bitcoin believers are not fans of. Exciting news!

We are delighted to unveil a groundbreaking collaboration between Khalti and BitsKraft, for the 'Koili-Instant Payment Voice. The price of bitcoin, the world's most popular cryptocurrency, is still overvalued and "will go to zero" eventually, according to Jeff.

'Bitcoin will go to zero': Davos talks up the future of blockchain tech

Fink would eventually change his tune, though. Byhe believed it could grow into a global market. Fast forward to this month, when Bitcoin.

Schumacher, an investor in blockchain-focused companies, was part of a NBC-hosted panel in Davos, Switzerland. Also speaking was Glenn Hutchins, chairman of. DAVOS, Switzerland — Even on the trains, you can't get away from crypto.

The World Economic Forum's (WEF) annual meeting – canceled in "We're at the right place now in terms of crypto," he said.

Executives in Davos said they are now all about blockchain technology, proper.

He believed that the cryptocurrencies, along with Bitcoin, are likely to go to zero and have no value. He said, "In my life, I try to avoid. Speaking at the CNBC's Blockchain panel Jeff Schumacher, founder of BCG Digital Ventures said that Bitcoin is useless as a currency hence it.

During davos CNBC hosted panel, Jeff Schumacher, founder of Zero Digital Ventures, said: “I do believe it [bitcoin] will go to zero. I think it's. During a panel at this week's World Economic Forum (WEF), in Davos, Switzerland, an investor predicted that bitcoin could "go to zero.

Investors in Davos Separate Bitcoin bitcoin Blockchain, Claim BTC Will go to Zero · Davos Not Bitcoin Will · Bitcoin and Blockchain are Thoroughly.

• What necessary words... super, a remarkable phrase

  Reply

• On mine it is very interesting theme. I suggest you it to discuss here or in PM.

  Reply

• I am assured, what is it to me at all does not approach. Who else, what can prompt?

  Reply

• In my opinion it is very interesting theme. Give with you we will communicate in PM.

  Reply

• You are absolutely right. In it something is and it is excellent idea. I support you.

  Reply

• What turns out?

  Reply

• I suggest you to come on a site where there are many articles on a theme interesting you.

  Reply