No doubt that the acceptance of cryptocurrency and blockchain slowly started increasing and different centralized organization started looking for ways to utilize this innovative technology.
- World Bank president Jim Yong Kim has said that most of the cryptocurrencies are basically ponzi schemes.
- It is still not really clear how it is going to work he added however he said that blockchain Technology can be used by developing Nations to follow the money more effectively and that one World bank is looking really carefully at the technology.
- Goldman Sachs head of investment research Steve stronger has said that most cryptocurrencies will lose all their value as they are replaced by a small set of future competitors.
- Adding that cryptocurrency don't have any intrinsic value he added the most will never see there a recent peak again. It's worrying That All cryptocurrencies Move together as a single asset class.
Source
Among all we are with safest asset of cryptocurrency ie. steemit.
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