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Crypto cannot fulfil ‘social role of money’ due to fragmentation: BIS
Blockchains have “inherent limitations” that lead to fragmentation, which means crypto is unsuitable as a means of payment, economists at Bank for International Settlements (BIS) said in a June 7 report. дальше »
2022-6-8 21:15 | |
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BIS Official Insists Bitcoin Fails Means of Payment Test, Calls El Salvador’s BTC Law ‘Interesting Experiment’
An official at the Bank for International Settlements (BIS) and former member of the executive board of the European Central Bank (ECB), Benoit Coeure, insists that bitcoin has not passed the test of being a means of payment. дальше »
2021-6-11 20:00 | |
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Gold Bag Holders Down 20% For The Last 7 Years While Bitcoin Up Over 83,000% Since Then
Most recently G7 and the Bank for International Settlements (BIS) in its report on stablecoins called Bitcoin a failure in providing a “reliable and attractive means of payment or store of value.” It further states that crypto assets have served as a “highly speculative” asset class for “certain” investors that engage in illicit activities. Moreover, […] дальше »
2019-10-20 18:00 | |
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Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7
A new report says bitcoin has failed as a means of payment or store of value, but stablecoins like Libra are a risk to financial stability. дальше »
2019-10-18 12:10 | |
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