CryptoWhistle - Crypto Currency Tracker logo CryptoWhistle - Crypto Currency Tracker logo
CryptoGlobe 2021-03-27 06:09:00

Bitcoin Cannot Replace Fiat Currency, Says Central Bank of World’s Most Cashless Country

Oystein Olsen, the governor of Norges Bank in Oslo, the central bank of Norway, recently explained why he does not believe that Bitcoin could one day replace money issued by central banks. According to a report published by Bloomberg, he said during a phone interview that Bitcoin is “far too resource-intensive, far too costly and […]

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.