Ben D. Kritz
AS far as the Bank of International Settlements (BIS) is concerned, cryptocurrencies like Bitcoin are at best a waste of time and energy that would be better spent on developing applications for blockchain technology that are actually useful. The imaginary fairy coin ecosystem probably won’t be discouraged by yet another downbeat assessment by the evil global centralized banking cabal, but the critical BIS report released this week might just help to kill further efforts to mainstream the alternative to real money.