When Bitcoin (BTC) tried another raising about $ 85,000 on April 1, Justin Bones, founder and director of information at Cyber Capital, took X to crush Prime Minister in the world Coded.
Specifically, Bons that BTC, in 2025, argued, just an old old dinosaur, although it is a successful experience, is no longer in a position to disable the world of financing in any shape, shape or shape.
The founder of Cyber Capital highlighted the lack of the ability to treat many transformations per second, describing it as severely backward behind other banks, and warned that the defect could easily prove disastrous for investors and mining companies.
He also warned that Bitcoin’s security has collapsed in recent years, which poses a threat to the entire ecosystem. He referred to the governance of the cryptocurrency as the main perpetrator of its failure.
BTC is a dinosaur: technology is ridiculous outside history! In Max 7 MAX 7 treatment per second, it is important to disable anything. BTC collapsed security guarantees, which puts users at risk! From interest to economics, BTC is a failure.
Does Bitcoin represent an existential threat to the other encryption?
In fact, Bones believed that “BTC was captured by a relatively small group.” However, the founder of Cyber Capital highlighted that the problem is not the mistake of merchants and lovers but the problem with Blockcha design.
Finally, Justin Punes concluded that the world’s encrypted currency has become a “game” that refuses to play and warned that Bitcoin has become an existential threat to other digital assets.
At the same time, he urged society to stop “pushing the lip service to such a defective network deeply,” explaining in unconfirmed phrases that it is considered that BTC is working on technology that is “far from history that is ridiculous.”
Are encryption traders abandoning bitcoin?
The argument that bitcoin has been outdated by 2025 is not new, society, as well as institutional actors in the industry, working on solutions such as class networks.
So far, criticism has not affected BTC dominance, although some factors indicate that merchants lose confidence.
For example, the number of active bitcoin addresses at the beginning of March of this year was closer to the numbers seen in 2018 and much less than their highest levels in 2021, according to what he said. Data Finbold has been recovered from Glassnode On April 2.
The situation is more stringent given that even with the 2025 turmoil and the threat that the bull cycle will suffer at an early end due to external pressure, the price of bitcoin is – at $ 84648 – higher than it was at any time before the November 2024 march.
Distinctive image via Shutterstock
