Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report

Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report
фото показано с : news.bitcoin.com

2018-6-20 11:20

The Bank of International Settlements (BIS) has leased a chapter from its forthcoming annual report that delivers a critical appraisal of bitcoin and cryptocurrency. The report attacks virtual currencies from several main standpoints: claiming that cryptocurrencies do not effectively perform monetary functions due to price volatility, that the retail adoption of blockchain-based payment mechanisms would […] The post Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report appeared first on Bitcoin News.

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BIS Crypto Report Undermines Itself. Not Cryptocurrency.

Over the past few days, media outlets have taken it in turns to report on a recent assessment published by the Bank of International Settlements (BIS) on Sunday. Titled as “Cryptocurrencies: looking beyond the hype” and running to 24-pages, the BIS report argues that cryptocurrency would make a poor substitute for fiat currency, highlighting problems with instability; a […] The post BIS Crypto Report Undermines Itself. Not Cryptocurrency. appeared first on Crypto Briefing.

2018-6-20 18:39