News

Bitcoin Has Lost It's Luster In The Eyes Of Original Bitcoin Millionaire

Janelle Fox

Summary: Bitcoin took a 20% dive in September that reportedly has some of its early benefiters changing their tunes, according to Yahoo Finance, Jered Kenna is one of the original Bitcoin made millionaires but in recent years he has lost his love for the industry. Kenna used to own thousands of Bitcoins but now only has ...

Bitcoin took a 20% dive in September that reportedly has some of its early benefiters changing their tunes, according to Yahoo Finance,

Jered Kenna is one of the original Bitcoin made millionaires but in recent years he has lost his love for the industry. Kenna used to own thousands of Bitcoins but now only has half of one.

Kenna states that this change in mindset comes from how the use for Bitcoin has changed. Kenna feels that the coin was once poised to revolutionize the way people paid and would even challenge the bank system.

Now Kenna feels that now all the substance in Bitcoin is gone. He stated in an interview with Yahoo financane that, “Now all people focus on is making money.” Bitcoin to the public has become more of a get quick rich scheme then what it’s promising start once offered

By Janelle Fox

Last Update:

Tags: ,,
Link: Bitcoin Has Lost It's Luster In The Eyes Of Original Bitcoin Millionaire   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 5 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 11 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 14 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 15 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 18 days ago
  • You need to login to comment.