Bitcoin Hater Agustin Carstens U-Turns to ‘Support’ Digital Currencies

2019-7-1 17:30

Bank for International Settlements (BIS) chief Agustin Carstens has been a vocal opponent of bitcoin and other cryptocurrencies, making his feelings known in no uncertain terms on many occasions.

But the general manager of the BIS – popularly known as the “central banks’ central bank” – is having a change of heart. ok, so […]

The post Bitcoin Hater Agustin Carstens U-Turns to ‘Support’ Digital Currencies appeared first on CCN Markets

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Источник: ccn.com

bitcoin carstens → Результатов: 12

BIS Head Finally Admits Cryptocurrency’s Technology is Changing the Face of Global Finance

During a keynote address given by Agustin Carstens at Goethe University last year, the BIS Head went on record to state that Bitcoin is a “Ponzi scheme” that will eventually implode and leave a lot of its investors in the dark.

2019-6-7 17:17	Bitcoin Innovation
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Bank of International Settlements Manager Advises Against Central Bank-Backed Coins

It would seem that Agustin Carstens is still not a fan of cryptocurrencies as he stated during a March 22, 2019 speech at the Central Bank of Ireland that the issuance of central bank-backed tokens could destabilize the economy.

2019-3-26 12:00	News
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Bitcoin Critic Warns Central Banks Against Issuing Digital Tokens

One of the most vocal Bitcoin critics has cautioned central banks against issuing their own digital currencies, claiming that they are a threat to financial stability and monetary policy-making, as reported by Bloomberg on March 22.

2019-3-25 15:59	Cryptocurrency
bitcoin digital issuing banks against central critic

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Bitcoin Basher Agustin Carstens Rails Against Central Bank Crypto Projects

Agustin Carstens, Bank for International Settlements (BIS) general manager and a noted bitcoin critic, has said that the launch of central bank-backed crypto assets could undermine financial stability.

2019-3-24 22:15	Bitcoin
central bank banks carstens bitcoin stability financial

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Will Bitcoin Shine? After Ponzi Jab, BIS Boss Says CBDC Destabilizing

Bitcoin price under pressure Carstens of BIS against central bank digital currencies (CBDCs) Volumes low and drop below or above Mar 21 high-lows must exceed 13k According to BIS’s Carstens, central banks shifting to CBDCs will destabilize the economy.

2019-3-24 20:00	CBDC
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BIS Bitcoin Basher Warns Central Banks for Undermining Financial Stability by Issuing Digital Tokens

“Bitcoin is a bubble, a Ponzi scheme, and an environmental disaster. ” If you're a crypto enthusiast, then you must be aware of the words. The critical words about bitcoin were made some time back by Agustin Carstens, general manager at the bank for International Settlements.

2019-3-23 04:58	News
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Agustin Carstens: Banks Should Not Issue Digital Currencies

Should banks design their own cryptocurrencies? According to Agustin Carstens, general manager of the Bank for International Settlements, the answer is a definitive “no. ” Crypto Isn’t Cool? Carstens has never been a fan of crypto, having likening bitcoin to a “bubble,” a “Ponzi scheme” and an “environmental disaster” in the past.

2019-3-23 02:33	Cryptocurrency
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Bitcoin Mass Adoption Will Happen Naturally

Bitcoin mass adoption, contrary to popular belief, will not occur by “educating” the public. Instead, this transition will happen naturally as young generations become increasingly familiar and confident in this technology.

2018-11-9 23:00	Warren Buffet
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Banker Mocked After Talking About Cryptocurrency

And the crypto community promptly had a field day with those remarks. Back in February, he called bitcoin “a combination of a bubble, a Ponzi scheme and an environmental disaster” during a lecture.

2018-7-14 14:56	Ponzi scheme
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Cryptocurrency Experts & Whales Respond to BIS Bitcoin Bashing Report

BIS Whales Reveal Their True Thinking In a strongly-worded statement, the Bank of International Settlements (BIS) head Agustin Carstens has said that young people must “stop trying to create money. ” Carstens said that cryptocurrencies are “ponzi scheme[s]” destined to “fail dramatically.

2018-7-9 21:05	News
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‘Stop Trying to Create Money,’ BIS Chief Tells Young Bitcoiners

The general manager of the Bank of International Settlements (BIS) Agustin Carstens has renewed the institution’s attacks on cryptocurrency, calling them “a bubble, a Ponzi scheme and an environmental disaster.

2018-7-5 17:00	Cryptocurrency
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Money20/20: Global adoption of CBDCs is growing, but interoperability presents challenges

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The Bank of England (BoE) and Her Majesty’s Treasury (HM Treasury) have jointly created a task force for the UK’s proposed central bank digital currency (CBDC) project. Taskforce to Explore Modalities for UK’s CBDC In a press release published on Monday (April 19, 2021), the BoE and the HM Treasury instituted a Taskforce that wouldRead More

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2019-7-1 17:30

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