Crypto Growth Leads To Financial Collapse, CEO Of Metalla Royalty By CoinQuora



© Reuters. Crypto Growth Leads To Financial Collapse, Metalla Royalty CEO

  • The emergence and growth of cryptocurrencies is paving the way for the next financial crisis.
  • Blockchain technology is beneficial, says Brett Heath.

Metalla Royalty & Streaming CEO Brett Heath said cryptocurrencies are emerging with similar attributes without any uniqueness. Additionally, the emergence and growth of cryptocurrencies is paving the way for the next financial crisis.

First, there are thousands of cryptocurrencies available, a majority of which lack utility. Second, as the value of cryptocurrencies grows, the private sector will print more money while questioning the scarcity of digital assets.

Certainly, the massive adoption of a new financial product or a new technology are attributes that contribute to a financial collapse. Brett highlights the large-scale adoption in 2008 of asset-backed securities …

This article first appeared on coinquora.com

Continue reading on CoinQuora

Warning: Fusion Media reminds you that the data contained in this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges but rather by market makers, so prices may not be precise and may differ from the actual market price. , which means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media assumes no responsibility for any business losses that you may suffer from the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any responsibility for loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Be fully informed of the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.



Source link

Previous Luxury fashion still has a long way to go to solve its DE&I problem - Glossy
Next Senator Rand Paul takes on singer Richard Marx, Celebrity News ICYMI | Gallery

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *