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The Daily Hodl 2021-09-13 11:45:45

Sweden’s Central Bank Governor Warns of Bitcoin Collapse, Says BTC Is Like ‘Trading Stamps’

The governor of Sveriges Riksbank, Sweden’s central bank, is skeptical of Bitcoin and foresees a potential collapse looming in the flagship crypto’s future. During a banking conference in Stockholm, Stefan Ingves says that private money like Bitcoin and other cryptocurrencies “usually collapses sooner or later” as they don’t have the backing of a government Ingves […]The post Sweden’s Central Bank Governor Warns of Bitcoin Collapse, Says BTC Is Like ‘Trading Stamps’ appeared first on The Daily Hodl.

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