A top German banker, Jens Weidmann, commented Wednesday that digital currencies like bitcoin could cause a financial catastrophe. The banker alluded to the idea digital currencies are unstable and prone to violent fluctuations on the market. Weidmann said for people to expect banks to adopt digital currencies so the average citizen begin to have faith in them. Also read: Localbitcoins Introduces New...
https://news.bitcoin.com/top-banker-warns-cryptocurrencies-could-precipitate-a-financial-crisis/