BIS: Cryptocurrencies can stop the Internet
The Bank for International Settlements (BIS) published a report in which the financiers went through the cryptocurrencies and explained why bitcoin is technically not yet ready to become a world currency.
In the sections "Cryptocurrencies: what will happen after the HYIP?" And "Illusory promise of decentralized trust", experts told that even now, when cryptocurrencies are in the wake of global popularity, new digital money simply can not compete with other financial instruments.
Bank experts say that bitcoin and similar coins suffer from "a ...
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