Swiss central bank official Thomas Jordan says crypto isn’t sound money but stablecoins have the potential to see widespread adoption. Crypto Won’t See Mainstream Adoption Speaking during a recent event at the University of Basel, Jordan — chairman of the governing board of the Swiss National Bank (SNB), argued against the value proposition of crypto as currencies. According to Jordan: Crypto tokens do not possess the characteristics of ‘good’ money, which is typically stable overRead MoreThe post Crypto Isn’t Sound Money, Says Swiss Central Bank Official appeared first on Bitcoinist.com.
