President Trump : "Bitcoin is a scam."
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I don't understand the technology but I've been told that it's extremely outdated and there are vastly more efficient coins now, and literally the only reason Bitcoin is to big is because it was the first big coin.
So as long as he doesn't go saying crypto in general is a scam, it's whatever. Especially now that Muskrat is meme-dunking on it so hard.
Bitcoin is outdated in multiple ways, and it's true that it's big because it's the original. Long story short: it was developed by an academic as a proof of concept with an academic mindset and not an engineering mindset and it shows...
However, the new, more efficient coins are so many (and there are dozens of new ones every day) that it became difficult to distinguish between legit projects and exit scams, especially now that scammy practices like premine and PoS became the standard.