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BIS Report: Cryptocurrencies Are a Poor Store of Value, Unlikely to See Mass Adoption

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BIS Report: Cryptocurrencies Are a Poor Store of Value, Unlikely to See Mass Adoption
Man in suit bitcoin sign thinking

A report from the Bank for International Settlements titled “Money and payment systems in the digital age,” published November 1, 2018, suggests that leading cryptocurrencies such as bitcoin, ether, and stablecoin tether do not serve the primary functions of money, and are, therefore, a poor store of value. Unlikely to Witness Mass Adoption The report highlights that digital currencies have not…Read More. The post by Aisshwarya Tiwari appeared first on BTCManager, bitcoin, Blockchain & Cryptocurrency News

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