According to co-founder and technical Director Bitcoin.com, Emil Oldenburg, bitcoin is “useless” and has no future as currency. In an interview for the Swedish site Breakit Oldenburg said that he sold all his savings in bitcoins and switched to Bitcoin Cash.
Investing in bitcoin right now, I would call the most risky investment you can make in the world of cryptocurrency at the moment. It is extremely high risk. Recently I sold all my bitcoins and switched to Bitcoin Cash.
Despite the fact that the company of Oldenburg is actually a Bitcoin wallet, the technical Director says he is disappointed in bitcoin because of the high transaction fees and slow transaction confirmation. In his opinion, the current performance bitcoin “totally unfounded.”