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LughMA to FuturologyEnglish · 24 days ago

Cryptocurrency may be evolving into a shadow banking system

phys.org

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Cryptocurrency may be evolving into a shadow banking system

phys.org

LughMA to FuturologyEnglish · 24 days ago
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A recent study published by political scientists at Freie Universität Berlin, Christopher Olk and Louis Miebs, indicates that the global cryptocurrency system has been undergoing significant transformations. The crypto system, which was originally intended as an alternative to currencies that depend on a central authority like the state or banks, has developed into a credit-based shadow banking system.
  • DominusOfMegadeus@sh.itjust.works
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