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Category: crypto-volatility

Crypto regulation

Federal Reserve Bank President Says Most Cryptocurrencies Are Worthless

The president of the Federal Reserve Bank of St. Louis, James Bullard, says that most cryptocurrencies are “worthless.” He noted that if “cryptocurrency can facilitate transactions that are difficult to make in conventional currencies, then they will have a purpose and might circulate alongside the nation-backed currencies.” Fed’s Bullard Says Most Cryptocurrencies Are Worthless Jim […]

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antifragile

‘Black Swan’ Author Pulls a 180- Nassim Taleb Says ‘Bitcoin’s a Failure, at Least for Now’

On February 12, the well known Lebanese-American essayist and risk analyst, Nassim Nicholas Taleb, declared that the leading digital currency bitcoin is a failure, at least for now. Cryptocurrency fans have been upset by Taleb’s recent statements, after it seems the renowned author has done a complete 180 after supporting the crypto asset for years. […]

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