[ad_1]
“Crypto prices soar on support for depositors” (FT)
Bitcoin and ether jump 20% in the last three days after US authorities intervene
I’ve said it before and I’ll say it again. Crypto is a “luxury,” long-term financial intermediation project which may or may not succeed. It comoves with the market, stability, low interest rates, and long time horizons. It is not a potential substitute for fiat currency.
The post Not your grandfather’s crypto? appeared first on Marginal REVOLUTION.
[ad_2]
Source link
(This article is generated through the syndicated feed sources, Financetin doesn’t own any part of this article)
