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P2P Money Transfer Firm CEO: Bitcoin Is Dead

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It has been pronounced copiousness of times in a past and it’ll be pronounced again in a future. Taavet Hinrikus, CEO of TransferWise, a renouned peer-to-peer general income send use has settled that bitcoin, is dead.

TransferWise is a distinguished actor in a Fintech space. Founded in 2010, a income transfers use is among a heading remittance services in a world. In 6 years of a company’s existence, it has lifted only underneath $100 million in equity appropriation with Richard Branson and Andreessen Horowitz among a important investors.

In comments done during an talk with Yahoo Finance, Taavet Hinrikus, CEO of TransferWise stated:

Bitcoin, we consider we can say, is dead. There is no traction, no one is regulating bitcoin. The bitcoin experiment, we consider we can say, is over.

Taavet Hinrikus

Taavet Hinrikus

The idea of a “failed experiment” of a cryptocurrency is one that was – with poignant mainstream coverage – shared by former Bitcoin core developer Mike Hearn.

As a well-funded


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