Economist paints woeful outlook if Bitcoin were to ever succeed | CryptoSlate
published: 2 hours ago
London School of Economics teacher Jon Danielsson argues that Bitcoin and fiat currency cannot co-exist.
smart summary beta
Gene Simmons Endorses Cardano Because It's 'Cheaper Than Bitcoin'. “It’s pennies compared to my other holdings like Bitcoin, which is over $50,000 a single coin. In a reply to one of his followers, Simmons also pointed to the fact that Cardano was created by Charles Hoskinson, a co-founder of Ethereum, who is confident that 2021 will be “the most productive year in Cardano’s history” to date. Three years later, in September 2020, Simmons endorsed Cameron Winklevoss’ message in which the Gemini exchange co-founder encouraged people to use bank accounts to buy cryptocurrencies like Bitcoin and Ethereum. Some commentators accused Simmons of being paid to promote altcoins like Cardano, however, the Kiss frontman insists his tweets are not investment advice.