World Central Banker to Central Banks: Bitcoin Is a Bubble, Ponzi, and Disaster (news.bitcoin.com)

General Manager of the Bank for International Settlements (BIS), Agustín Carstens, gave a talk at Goethe University in its House of Finance, Tuesday, 6 February in Frankfurt. Titled Money in the Digital Age: What Role for Central Banks?, the talk saw Mr. Carstens acknowledge “We have seen a bit of a shift, to issues at the very heart of central banking. This shift is driven by developments at the cutting edge of technology. While it has been bubbling under the surface for years, the meteoric…

Bitcoin

Bitcoin triggers ponzi fear: Government in a huddle, plans crackdown

Bitcoin hit another all-time peak on Tuesday, two days after the launch of the first-ever bitcoin futures on a US exchange and ahead of the start of another futures contract next week, as investors grew optimistic that the $ 20,000-mark is within reach. Extraordinary surge in Bitcoin prices has caught the …
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