Unregulated, No Standards Currency. What Could Possibly Go Wrong?
A Bad Idea Goes Global .
I have watched with some fascination, and concern, the spread of cryptocurrencies. Once the purview of financial oddballs and anarchists, cryptocurrency has become much more mainstream in recent years. Some large banks are dealing in this domain now and use of this currency has become global. Just this week Facebook announced its own cryptocurrency. This latest entry may be somewhat different – it feels almost as much like a bank as a currency – but time will tell.
Join the discussion at: Cryptocurrency is a Singularly Bad Idea