‘Stop Trying to Create Money,’ BIS Chief Tells Young Bitcoiners

The general manager of the Bank of International Settlements (BIS) Agustin Carstens has renewed the institution’s attacks on cryptocurrency, calling them “a bubble, a Ponzi scheme and an environmental disaster.” Carstens: Crypto ‘Fails Dramatically’ As Money In an interview with Swiss news outlet Basler Zeitung, published June 25 with a translation on BIS’ own website […]

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The Central Banks’ Bank (BIS) Hates Bitcoin — Which is Reassuring

Allen Scott · June 18, 2018 · 7:00 am The Bank for International Settlements (BIS), a global “bank for central banks” based in Basel, Switzerland, has once more declared that cryptocurrencies are not only “not ready for prime time,” but could also “bring the Internet to a halt.” [Note: This is an op-ed] BIS: Bitcoin, […]

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