FTX CEO: Bitcoin Will Compete With Gold In The Future

Sam Bankman-Fried, CEO of FTX, one of the leading crypto asset trading platforms, talked about the future of Bitcoin.
 FTX CEO: Bitcoin Will Compete With Gold In The Future
READING NOW FTX CEO: Bitcoin Will Compete With Gold In The Future

Sam Bankman-Fried, CEO of FTX, one of the leading crypto asset trading platforms, talked about the future of Bitcoin.

Bankman-Fried made statements about Bitcoin in an interview with the Financial Times. He said that Bitcoin will become a store of value rather than a means of payment due to its lack of scaling and power consumption. According to him, Bitcoin will serve as a store of value competing with gold in the future.

https://twitter.com/SBF_FTX/status/1526098754163687424

The CEO then reacted to the media coverage of Chinese blockchain journalist Colin Wu about himself. He quoted a tweet of his, noting that it “also says it has the potential to be a store of value.”

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