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Bitcoin’s volatility renders it unsuitable to protect against currency devaluation (yet)
Bitcoin and volatility: a match made in heaven. Or hell, depending on your viewpoint. For as long as Bitcoin has traded, its price has bounced around violently. With designs on one day becoming a store of value akin to gold, this is obviously a problem. дальше »
2023-6-30 12:47 | |
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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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Bank of England guv: Bitcoin, cryptocurrencies are difficult and unsuitable for public use
In a panel discussion with the Brooking Institution, Governor of the Bank of England, Andrew Bailey said that stablecoins, Bitcoin, and other cryptocurrencies are difficult and unsuitable for the publThe post Bank of England guv: Bitcoin, cryptocurrencies are difficult and unsuitable for public use appeared first on AMBCrypto. дальше »
2020-9-3 19:43 | |
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Kraken OTC's 8 out of 10 trades are in Bitcoin: Nelson Minier
Bitcoin's chance to become the ultimate fiat replacement widely depends on its liquidity, which while available, is currently unsuitable for micro-transactions due to constraints including time and trThe post Kraken OTC's 8 out of 10 trades are in Bitcoin: Nelson Minier appeared first on AMBCrypto. дальше »
2019-11-20 10:30 | |
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Bitcoin: Absence of central bank protecting value of crypto makes it unsuitable to be money, says ECB
Bitcoin [BTC], the largest cryptocurrency by market cap, stepped into its 10th year this year. The coin that grabbed the attention of the entire world by reaching nearly $20,000 towards the end of 2017 has been either accepted or rejected by government bodies and financial institutions. дальше »
2019-5-29 17:22 | |
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Binance Not an Institutional Grade Exchange and ‘Shady’ – Weiss Ratings
Binance, one of the world’s largest cryptocurrency exchanges has been considered unsuitable for institutional investors by Weiss Ratings. According to a post on the company’s official Twitter page, the exchange is working on providing “a new sub-account feature” for institutional investors but it doesn’t make the exchange suitable for the investors. дальше »
2018-12-11 12:07 | |
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Stablecoins: Retrofitting the Dollar’s Flaws into Cryptocurrency?
There has been much discussion lately regarding so-called stablecoins. But are they really the answer to the general instability of many cryptocurrencies? A recent article in The Guardian suggests that they may ultimately be flawed. дальше »
2018-9-13 13:00 | |
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Cryptocurrencies May Not Be the Answer in Times of Economic Instability, Research Says
The design and behavior of cryptocurrencies may make it an unsuitable replacement for fiat currencies, especially for people in economic and financial turmoil, noted fintech and blockchain research publication Diar on September 11, 2018. дальше »
2018-9-12 13:00 | |
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Maerki Baumann Is the Latest Swiss Bank to Embrace Crypto
Maerki Baumann — a private bank based in Zurich, Switzerland — has announced it will manage its clients’ cryptocurrency assets. This makes it the second Swiss bank to make such an announcement following Hypothekarbank Lenzburg (Hypi), which stated in June that it would open business accounts for cryptocurrency companies. дальше »
2018-8-7 23:23 | |
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The Central Banks Of Australia And New Zealand Against Cryptocurrencies
The trend of ‘central banks’ talking about cryptocurrencies is warming up once more, with The Reserve Bank of Australia (RBA) and The Reserve Bank of New Zealand (RBNZ) weighing in on the debate. The pair have moved to debunk rumours that they are investigating in establishing their own central bank digital currency, on the basis that they believe such a project would inevitably damage their current banking system. дальше »
2018-6-26 17:00 | |
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Bank of International Settlements Says The Internet will Crash If Cryptocurrency Is Adopted
The Bank of International Settlements (BIS), an international financial institution that acts as a bank for central banks of nations, fostering international monetary and economic cooperation, has stated that bitcoin and other digital assets are not perfect examples of money. дальше »
2018-6-20 22:11 | |
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