By CCN: Leading Bitcoin SV proponent Calvin Ayre has warned that the demise of Bitcoin and other cryptocurrencies is imminent. Speaking to Bloomberg, Ayre stated that if BSV’s scaling plans materialize other cryptocurrencies including Bitcoin will be rendered irrelevant: If BSV scales, continues to follow its scaling roadmap, there’s just no need for anything else. So I think they will be absorbed into BSV … I think everything will be absorbed into BSV as the dominant chain. However, Ayre pointed out that Bitcoin could continue to exist ‘in the near term’ even as other cryptocurrencies were absorbed. All other cryptocurrencies
The post Bitcoin SV Will Cannibalize All Cryptocurrencies Including Bitcoin, Trumpets Craig Wright’s Pal appeared first on CCN
source https://www.ccn.com/bitcoin-sv-cannibalize-all-cryptocurrencies-including-bitcoin
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