Headed to $0? Adam Back Questions Long-Term Value of Altcoins, Memecoins – U.Today
Blockstream CEO Adam Back, in a recent tweet, openly questions the long-term value of altcoins and memecoins. Back, an early figure in the Bitcoin community, suggested that many alternative cryptocurrencies could eventually head toward zero in value over time. “I was expecting efficient market hypothesis to kick in with alts and price them at $0,”...
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