Cryptocurrencies are Mainly used for NEFARIOUS ACTIVITIES

bank-of-england-cryptocurrency-678x381.jpg

Looks like England is onboard with the popular belief it seems that cryptocurrencies are mainly used for nefarious activities.

Furthermore, Mr. Carney, the Head of the Bank of England has flat out stated that cryptocurrencies are flat out failing to fulfill the basic requirements of currency for the general public. There does seem to be consensus however that the technology behind cryptos, in other words blockchain technology is here to stay and can be leveraged. If you’re interested in finding out more about what the Bank of England’s position on cryptos click the link below:

https://www.investmentexecutive.com/news/industry-news/carney-sees-potential-in-the-technology-underlying-cryptocurrencies/?utm_source=newsletter&utm_medium=nl&utm_content=investmentexecutive&utm_campaign=INT-EN-morning&oft_id=13665707&oft_k=b11lDcLM&oft_lk=lTPkzR&oft_d=636558390853700000

Let me know what you think.

Please UPVOTE if you found this useful and informative.

Sort:  

Many just treat crypto as an investment...

Congratulations @themidichannel! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

Click here to view your Board

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @themidichannel! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.24
TRX 0.21
JST 0.036
BTC 98033.04
ETH 3424.27
USDT 1.00
SBD 3.36