Bitcoin's Price May Crash After Ethereum's 'Merge,' Researcher Says
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Kyle McDonald, an independent researcher, predicts that the Bitcoin network may be "regulated away," causing the price of bitcoin to collapse.
He recommends selling bitcoin now. The reason is that after the Ethereum blockchain switches to a drastically less energy-intensive method of validating transactions, known as "proof-of-stake," investors and regulators may realize that the energy-intensive method that both Bitcoin and Ethereum use now, called "proof-of-work," was never really necessary.
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Crypto news today with latest daily crypto market analysis and updates.
Kyle McDonald, an independent researcher, predicts that the Bitcoin network may be "regulated away," causing the price of bitcoin to collapse.
He recommends selling bitcoin now. The reason is that after the Ethereum blockchain switches to a drastically less energy-intensive method of validating transactions, known as "proof-of-stake," investors and regulators may realize that the energy-intensive method that both Bitcoin and Ethereum use now, called "proof-of-work," was never really necessary.
Asalaam o alikum dear YouTube family,
We are going to Update you about Next 12 hour BTC and ethereum situation in hindi and urdu along with Daily crypto updates .
_______________________
To join Crypto premium Group Email:
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