Venture capitalist Jason Calacanis believes that Bitcoin will plunge as it will be replaced by a new technology. On similar lines, research firm Gartner believes that the current blockchain technology being used by enterprises may have to be replaced within the next 18 months. — CZ Binance (@cz_binance) July 8, 2020. In a reply to his original tweet, Zhao remarked that 95% of projects are unlikely to sustain a pump during this upcoming cycle. “More like 95%, crypto or not. Same number for internet / social / or even traditional industries,” the Binance CEO added. CZ Isn’t Alone in Thinking So Now, angel investor Jason Calacanis has repeated this sentence claiming that 99 percent of cryptocurrencies are garbage and provide no real value to the investors. Historically, 99% of crypto projects are garbage run by unqualified idiots, delusional but below average founders or grifters… the 1% that are not, could change the world. Last month, Calacanis told Squawk that Bitcoin is a bubble. This time, Calacanis said Bitcoin could go to zero and gave it a 1/3 chance this would take place. " [Bitcoin] has lost half of its ... Facebook is in talks with the U.S. Commodity Futures Trading Commission (CFTC) about its stablecoin that is expected to launch in 2020. Venture capitalist Jason Calacanis believes that Bitcoin ... Jason Calacanis. Source: Medium. During the recent dual-podcast with Pomp, the topic inevitably reached Bitcoin, since Pompliano is one of the most popular BTC proponents. Calacanis firstly said that after the show, he “will go home today and say, “maybe we should put 1-2-3% into Bitcoin and make a big trade.” Because I have been sitting ... VC Jason Calacanis said, there is 33% chance that bitcoin goes to zero. Bitcoin lost a fourth of its esteem this month, quickly dipping under $10,000. Once easygoing investor acknowledges they've been getting tied up with "what is basically a huge fraud misrepresentation," VC Jason Calacanis stated, the digital currency will tank. Calacanis additionally pushed back on late against tech ... Nebenbei bemerkt, sagte Calacanis 2019, dass er dachte, dass Bitcoin auf 500-0 Dollar abstürzen würde. Inzwischen hat er jedoch seine Meinung geändert und Anthony Pompliano von Morgan Creek mitgeteilt, dass er daran interessiert ist, in Bitcoin zu investieren. Textnachweis: cryptoslate
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