The Bank for International Settlements (BIS), the world’s central bank to central bankers, is suggesting state-backed crypto might destabilize commercial banks’ customer deposits, negatively impacting the “efficiency of financial intermediation.”
“while perhaps intended as an alternative payment system with no government involvement, it has become a combination of a bubble, a Ponzi scheme, and an environmental disaster.” -General Manager of Bank for International Settlements (BIS)
THEY WERE WARNED MY FRIENDS, NOW IT'S TOO LATE.
Please read the full article here:
https://news.bitcoin.com/worlds-central-bank-crypto-could-risk-bank-runs/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications
ha ha..too much late!
@upvote & @resteem done
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very funny..😁😁
@resteem done my frnds
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just waking up.😂😂
@upvt @resteem
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funny for steemians
@upvote @resteem done
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its not a good news, they are too late
@upvote & @resteem is done
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I shared a very nice. cryptocurrency post
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Very bad news
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Only someone who has no clue about BLOCKCHAIN tech can say that. Please learn about blockchain, cryptocurrencies, and decentralization. It's not too late ;)
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Haha they woke up but its too late now. Seriously Crypto is no more than a risk.
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Much late!
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jajajavery funny!! good post
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