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Bitcoin Won’t Succeed as Money: Pantera Capital CIO Joey Krug

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Pantera Capital’s CIO Joey Krug has written an extensive thesis stating Bitcoin won’t succeed as money. He stated that cash and payments are not the primary areas where blockchain technology catalyzes a paradigm shift. While Bitcoin may become digital gold, it cannot succeed as money given its volatility. Moreover, a dynamic monetary policy doesn’t exist

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* First published on ccn.com

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