Paul R Brody, Ernst & Young’s Global Innovation Leader for Blockchain has argued that Bitcoin [BTC] is not an inflation-resistant currency, but is, in fact, a highly deflationary currency model because of its limited supply. Brody, who was recently in India, told Forbes India that widespread adoption of Bitcoin could damage the economy. He cited that […]The post Bitcoin [BTC] or any other cryptocurrency has no practical use, says E&Y Executive appeared first on AMBCrypto.
![Bitcoin [BTC] or any other cryptocurrency has no practical use, says E&Y Executive](https://images.cryptocompare.com/news/ambcrypto/cgiz1pV6109.jpeg "Bitcoin [BTC] or any other cryptocurrency has no practical use, says E&Y Executive")
