Bitcoin incentivizes energy innovations whereas proof-of-stake results in exacerbated inequality since the more money you have, the more money you get.
Bitcoin is in the top 10 of largest base monies in the world. Demand for it will increase as fiat currencies debase. Are you sure it’s heading to zero?
While the billionaire is well-respected in the traditional finance community, his comments on bitcoin are signs of his benefiting from the fiat system.