Dash Core Group (DCG) CEO, Rayan Taylor, in a recent interview with BREAKERMAG, has expressed an opinion, according to which, bitcoin won’t survive long term.
Moreover, Taylor believes that Lighting Network, a payment protocol which helps to scale the bitcoin’s network, won’t change the situation.
"I don’t think that bitcoin will survive long term, is my own hypothesis. Lightning Network isn’t a solution. There isn’t an easy solution. Because they lack governance, they have an inability to change and adapt to the marketplace," Taylor said.
In addition, the head of DCG highlights people’s desire to overvalue an effect of the Bitcoin network even though it has little to do with user experience.
Last year, the Lighting Network surpassed the capacity mark of $1 million in bitcoins (BTC).
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