ICOs an ‘Unsustainable Financial Bubble’: Jihan Wu

ICOs an ‘Unsustainable Financial Bubble’: Jihan Wu

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The founder of the world’s most valuable cryptocurrency company said that he does not believe the initial coin offering (ICO) funding model will prove to be anything more than a fad. Jihan Wu, CEO of bitcoin mining conglomerate Bitmain, made this claim during an interview with CoinGeek, arguing that the so-called ICO bubble is “unsustainable”

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