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BIS warns of cryptocurrency trust deficit

By a Staff Writer

Jun 18 2018 7:12AM

Gets worse as virtual coins get bigger.

BIS warns of cryptocurrency trust deficit

Cryptocurrencies are not scalable and are more likely to suffer a breakdown in trust and efficiency the greater the number of people using them, the Bank of International Settlements (BIS) - the bank for central banks - said on Sunday. For any form of money to work across large networks it ...

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