# [Video] TokenPost Daily News: Bitcoin “will disappear,” says chairman of Israel’s Economic Council - 9 January 2019

By Jean-Luc Leese

Canonical URL: https://www.tokenpost.com/news/business/1041
Published: 2019-01-09T07:55:46.000Z
Updated: 2019-01-09T07:56:23.000Z
Section: Business

> Watch the latest news with Hun, Host of the TokenPost Daily News video series.

Watch the latest news with Hun, Host of the TokenPost Daily News video series.

In today’s news...

Brazil drops its indigenous cryptocurrency project.

Bitcoin wallet provider ‘Samourai Wallet’ disables security features to come in line with Google Play’s developer policy.

Ethereum developers and miners battle it out over proposed ProgPoW mining algorithm.

The Chairman of Israel’s Economic Council says, “Bitcoin is intrinsically inefficient and will disappear.”