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  • 22 January
  • 1m

    UBS economist explains why cryptos can’t be “actual currencies”

    Cryptopolitan
Fri, Jan 22, 2021 8:10 AM by Cryptopolitan

UBS economist explains why cryptos can’t be “actual currencies”

TL;DR Breakdown: A UBS economist opined that cryptos are not fit to make actual currencies. This is based on the supply rate, which can’t be reduced when demand drops. Cryptocurrencies have been gaining attention in recent times due to recent surges in price. The confidence in this technology is raising narratives that they can actually […]

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