Private currencies will fail to take off because there is no lender of last resort- there will always be boom and bust.
UBS CHAIRMAN: BITCOIN CURRENCY WILL FAIL, HAS NO LENDER OF LAST RESORT
Chairman, UBS
Source: Finance Magnates
Private currencies will fail to take off because there is no lender of last resort- there will always be boom and bust.
Chairman, UBS
Source: Finance Magnates