Why Bitcoin or cryptos don’t work like real currencies – Mint
Why Bitcoin or cryptos don’t work like real currencies – Mint
According to UBS Global Wealth Management, cryptocurrencies may never be able to function like real currencies. The “fundamental flaw” inherent in cryptocurrencies is that supply cannot be reduced when demand is decreasing in most cases, said Paul Donovan, chief economist at UBS GWM, in a video this week. That means they can’t be considered currencies, […]
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