Crypto Proves Central Banks Are Obsolete, Says UIC Barcelona Professor

A Spanish economics professor said that the popularity of crypto proves that central banks have become “obsolete” in the modern world. And Agnese claimed that a “great speculative element” had helped spur digital tokens to their recent highs “due to their highly technological and disruptive nature.”.

The asset, like crypto, said Agnese, had benefitted from “the great uncertainty the international economy is now mired in.” __ Learn more: Bitcoin Makes US Dollar Less Relevant – BlackRock CEO ECB Exec: Sovereign Money Needs To Be Reinvented ECB President Touts Digital Euro, Bashes Bitcoin, Stablecoins This Is How G20 Might Keep Crypto And Stablecoins at Bay

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