Emil Oldenburg, the CTO and fellow benefactor of bitcoin.com has put in the previous three years in Tokyo. Oldenburg is likewise the prime supporter of Safello, a Swedish bitcoin trade.
Bitcoin is “in the same class as pointless” and has no future as a tradeable cash says Emil Oldenburg, the prime supporter and CTO of bitcoin.com, one of the world’s biggest bitcoin sites.
Oldenburg has sold his bitcoins and trusts others will do a similar when they understand how illiquid the market is.
He says bitcoin’s downsides are high expenses and exchange lead times – a warmed theme of discourse in the group today – and protection from change from individuals running the old bitcoin organize.
Oldenburg trusts there’s a brighter future for Bitcoin Cash, a spinoff money of bitcoin that is currently being effectively advanced by bitcoin.com.