The Swedish co-founder of Bitcoin.com has sold all his bitcoins, says it’s “as good as useless”

Bitcoin.com is one of the world’s largest bitcoin sites, having grown its profile this year thanks to the remarkable price surge of the cryptocurrency. But its cofounder and CTO, Emil Oldenburg, a Swedish native, is extremely skeptical when it comes to bitcoin's future.

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”I would say an investment in bitcoin is right now the riskiest investment you can make. There’s an extremely high risk,” he says in an interview with Swedish tech site Breakit.

Although Oldenburg is far from the first to criticize the cryptocurrency's viability as an investment asset, his position as an industry insider does stand out - even as he migrates to its spinoff, bitcoin cash (BCH).

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