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Today News – Bitcoin Could Break the Internet, Central Banks Overseer Says



Today News – Bitcoin Could Break the Internet, Central Banks Overseer Says

The Bank of International Settlements just told the cryptocurrency world it’s not ready for prime time — and as far as mainstream financial services go, may never be. In a withering 24-page article released Sunday as part of its annual economic report, the BIS said Bitcoin and its ilk suffered from “a range of shortcomings” that would prevent cryptocurrencies from ever fulfilling the lofty expectations that prompted an explosion of interest — and investment — in the would-be asset class. The …

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Written by frances

Lawyer, Believer, Idea Agent, Database Wrangler, Human Casserole. I want to see your peacock.

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