Sunday, November 17, 2024
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BIS Chief Blasts Bitcoin’s Viability, Prompting Blowback From Advocates

The chief banker at the bank for central banks, Agustín Carstens, cast doubt on bitcoin’s long-term viability Wednesday, saying it was only a matter of time before a 51% attack brings down the world’s original cryptocurrency.Carstens’ comments, which he delivered to the Hoover Institute, underscored his belief that bitcoin fails

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