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MARA CEO Says Bitcoin's Payments Use Case Has 'Seen Its Day Go By' As Miners Chase AI Money
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MARA CEO Fred Thiel said Bitcoin's payments use case has 'seen its day go by'.
Thiel stated stablecoins will fill the role of commercial crypto transactions.
Thiel warned that Bitcoin’s transaction fees aren’t replacing the block subsidy as intended.
Miners are increasingly pursuing AI business opportunities for revenue.
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Rajeev Chandrasekhar / Jupiter Capital interests historically