BIS official casts doubt on El Salvador bitcoin 'experiment'

BIS official casts doubt on El Salvador bitcoin 'experiment'

3 years ago
Anonymous $LNMzUc6XNz

https://www.reuters.com/article/us-bis-bitcoin/bis-official-casts-doubt-on-el-salvador-bitcoin-experiment-idUSKCN2DN0X8

El Salvador's decision to make bitcoin legal tender is an "interesting experiment" with a speculative asset that does not pass the test of being a means of payment, a senior global central banking official said on Friday.

BIS official casts doubt on El Salvador bitcoin 'experiment'

Jun 11, 2021, 10:28am UTC
https://www.reuters.com/article/us-bis-bitcoin/bis-official-casts-doubt-on-el-salvador-bitcoin-experiment-idUSKCN2DN0X8 >El Salvador's decision to make bitcoin legal tender is an "interesting experiment" with a speculative asset that does not pass the test of being a means of payment, a senior global central banking official said on Friday.