The crypto economy now has a cumulative market cap of approximately a trillion dollars. That’s a lot of money, and some may argue it’s proof that crypto solves real financial problems.
However, for many influential people, crypto’s market cap is temporary, and the entire industry is a farce. Some of the people who make this argument are heads of state and captains of industries. So it might be important to know why they think crypto is doomed.
Here are the six most famous crypto skeptics.
Xi Jinping is arguably the second most influential person in the world. He’s only second to the President of the United States regarding influence and political power. And Xi has used this political power to wage war against blockchain technology. He’s by far the most influential opponent of Bitcoin and the first of the six most famous crypto skeptics we’ll be talking about.
Xi hasn’t just paid lip service to…
