Justin Bons, founder and CIO of Cyber Capital, has described Bitcoin as “fools’ gold”. According to Bons, the pioneer cryptocurrency has a broken long-term security model and lacks capacity, programmability, and composability. He further criticized the flagship crypto for having comparatively weak token economics, noting he abandoned BTC in 2017. Bons continued with his BTC The post Acclaimed Crypto Researcher Says Bitcoin is “Fools Gold” appeared first on Coin Edition .