Bitcoin Only ‘Masquerades’ as a Currency: BIS Research Chief ByHabiba TahirPRO INVESTOR Updated: 18 August 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Hyun Song Shin, Economic Adviser and Head of Research of the Switzerland-based Bank for International Settlements (BIS), told Bloomberg that bitcoin and other cryptocurrencies “fall a long way short of being able to sustain a monetary system” and really only “masquerade” as real currencies. Speaking in the latest episode of the Bloomberg Benchmark podcast, Shin argued The post Bitcoin Only ‘Masquerades’ as a Currency: BIS Research Chief appeared first on CCN
