Central Banks might resort to cryptocurrency reserves as means of supplementing national gold reserves according to veteran cryptographer Nick Szabo. He also holds that the use of digital currencies will rise in countries with distraught economies. Cryptocurrency Over Gold Speaking at the Israel Bitcoin Summit at Tel Aviv University on January 8th, legendary cryptographer, Nick Szabo, said that national central banks might resort to cryptocurrency reserves as means of supplementing existing national gold reserves. “BitcoinRead MoreThe post Nick Szabo: Central Banks Might Switch From ‘Physically Vulnerable’ Gold to Bitcoin appeared first on Bitcoinist.com.
