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Bitcoin savaged by BIS as 'a bubble, Ponzi scheme and an environmental disaster'

Retrieved on: 2018-02-05 19:48:45

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<div>The general manager of the Bank for International Settlements (BIS) has savaged bitcoin as a "combination of a bubble, a Ponzi scheme and an environmental disaster." Augustin Carstens questioned Tuesday the sustainability of bitcoin and other <b>cryptocurrencies</b> and suggested authorities had a duty ...</div>

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