Tag: Opinion

Tim Draper Believes, Bitcoin Legalization Will Improve Argentinian Economy

Tim Draper, a known crypto-bull, has advised the president of Argentina to legalize bitcoin asap. According to the cryptocurrency investor met with the president of Argentina Mauricio Macri to discuss the suggestion. During the meeting Draper spoke about great potential of cryptocurrencies and the blockchain technology and of those advantages that the technology can bring

Warren Buffett Is Against Bitcoin

Warren Buffet, the Berkshire Hathaway CEO, believes, that bitcoin is nothing more but a delusion. He said, that it attracts charlatans and nobody knows in reality what the top cryptocurrency is. Buffet is known as a bitcoin critic. He has already expressed his opinion about the most popular cryptocurrency insisting that investing in bitcoin is

International Bankers Believe, that Cryptocurrency Poses no Danger to Financial Stability

International banks representatives and other financial officials believe that there are no risks to financial systems connected with cryptocurrency. As well, according to their opinion, cryptocurrency doesn’t pose any danger to a financial system of any country. On the contrary, the FSB, an international agency that consists of 68 local institutions, regulators, ministries of finance

Deloitte: Five Main Obstacles to Blockchain’s Mass Adoption

DELOITTE, an audit and consulting firm, has outlined the main areas for blockchain development, if it wants to be mass adopted and to rule the industry.   So, in order to be adopted massively, the blockchain technology has to overcome some major obstacles: Time consuming operations Lack of standardization High costs Blockchain apps complexity Collaboration