Muh Monopoly! How A Banker’s Talk Sparked All Kinds of Crypto Mockery


Last week, Agustin Carstens, the head of the Bank of International Settlements (BIS), widely considered the central bank of central banks – told cryptocurrency makers to «stop trying to create money.»

The BIS head has, to date, adopted a largely hostile tone toward cryptocurrencies. Back in February, he called bitcoin «a combination of a bubble, a Ponzi scheme and an environmental disaster» during a lecture.

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