It’s Not Money! ‘Bank for Central Banks’ Slams Bitcoin [Again]

Contrary to the notion among many crypto enthusiasts that bitcoin is a speculative investment with major upside potential, a stakeholder in the legacy financial sector has rubbished the value attached to digital assets, describing them as mere software algorithms with no utility. The verdict was given by the general manager of Bank for International SettlementsThe post It’s Not Money! ‘Bank for Central Banks’ Slams Bitcoin [Again] appeared first on CCN