This year’s Consumer Electronics Show (CES) saw one of its speakers, Libra Association’s Dante Disparte, talk against Bitcoin, claiming that it is not a means of payment.
Libra Vs Bitcoin
Heated arguments for and against Bitcoin (BTC) have been a regular occurrence for over 11 years now. However, as the crypto industry continues to develop and expand, constantly inching towards adoption and acceptance, these arguments still persist.
The latest example of this came only yesterday during Las Vegas-based Consumer Electronics Show (CES) 2020, when the vice chairman at the Libra Association, Dante Disparte, publicly spoke out against Bitcoin. He admitted that Bitcoin — as an asset class — managed to prove that scarcity can support exciting assets. However, he was also quick to point out that Bitcoin is not a means of payment.
According to him,
The bottom rung of the ladder of economic mobility is payment access.
Bitcoin doesn’t provide that, which is why he decided to join the Libra project in the first place.
Of course, Disparte is…