Wallet numbers are "BS" as a way of measuring bitcoin adoption, according to Jeremy Allaire, founder of Circle, the bitcoin buying and storage firm pitched at consumers.
Bitcoin wallets can be easily generated by automated means and for myriad reasons, so their numbers are a poor estimate of bitcoin’s popularity, Allaire said during a panel discussion at CoinDesk’s first Expert Briefing in London yesterday.
Allaire was joined by Elliptic co-founder James Smith, who agreed that wallet […]
