Nobel Prize winning economist Paul Krugman writes in the New York Times that cryptocurrencies will most likely be worthless due to their high transaction costs and an “absence of tethering”
Should the International Monetary Fund leave the door open for developing countries struggling with inflation? “Bitcoin was made for the Global South.”
While some security issues do exist, major internet outages like the one witnessed across the EU recently cannot really threaten cryptocurrencies or their associated networks.