An early bitcoin investor said Monday the digital currency can run higher, but the hype has far outpaced its usability.
"I think in the short run it can run up a lot more," Roger Ver, CEO of Bitcoin.com, said Monday on CNBC's "Fast Money." But "it's no longer a cryptocurrency. It's just a game of hot potato at this point, and games of hot potatoes can go on for a long time, and lots of people can pump a lot of money into it and it might go on for even decades. But as far as its [being] used as money, the developers behind that have destroyed that at this point."
"I'm really, really concerned about the future of bitcoin," he said.