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Co-founder of sells all his Bitcoins, says it’s “as good as useless”
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Oldenburg has sold his bitcoins and believes others will do the same when they realize how illiquid the market is. He says bitcoin's drawbacks are high fees and transaction lead times - a heated topic of discussion in the community today - and resistance to change from people running the old bitcoin network. Oldenburg believes there's a brighter future for Bitcoin Cash, a spinoff currency of bitcoin that is now being actively promoted by bitcoin. Loading Something is loading.