Agustin Carstens, the vanguard example of a central banker, recently reignited the long standing debate surrounding the validity of crypto by imploring young people to “stop trying to create money,” as such cryptocurrencies, per him, are “ponzi scheme[s]” that will “fail dramatically.”

BIS Bustin’ Bitcoin

As expected, the comments from the Bank of International Settlements head have elicited highly emotional responses from both the cryptocurrency community and a raft of nocoiners.

For the rest of the article, click here:  The Whales of the World’s Biggest Shitcoin? Examining BIS vs. Crypto