news

bitcoin

1 X bitcoin bitcoin =

Wednesday

12 May 2021

UBS Chief Economist Says 'Bitcoin Is Denied to Minority Groups Who Have Reduced Online Access' – News Bitcoin News

UBS Chief Economist Says 'Bitcoin Is Denied to Minority Groups Who Have Reduced Online Access' – News Bitcoin News


smart summary beta

UBS Chief Economist Says 'Bitcoin Is Denied to Minority Groups Who Have Reduced Online Access' – News Bitcoin News.

In attempting to answer the question of whether the cryptocurrency defies the zeitgeist, he claims that “bitcoin is denied to those minority groups who have reduced online access.”.

Paul Donovan, Chief Economist of UBS Global Wealth Management, published a weekly update entitled “Does Bitcoin defy the Zeitgeist?” on the UBS website Friday outlining a number of issues he sees with the cryptocurrency.

Bitcoin seems to specifically defy the spirit of the age, in a way other cryptos do not,” he began, adding:.

In January, Donovan wrote that cryptocurrency has a fundamental flaw and that bitcoin’s fixed supply could cause the collapse of its value and spending power

Goto Full Article

bitcoin bitcoin price

$52239.00

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.4)

Image

Why Fiat Experts Don’t Get Bitcoin
published: 32 minutes ago
There are various reasons traditional experts do not understand bitcoin and thus have negative views on it.

sentiment (-0.2) Negative

Article Metadata

author

site

bitcoin.com
Market data feeds provided by cryptocompare.com
bitsmart 2021