Citi Digital Strategy Chief: Bitcoin’s Economics Are Flawed

By January 27, 2015Bitcoin Business

Citi Digital Money Symposium 2015 Bitcoin isn’t mature enough for mass adoption and its economics are inherently flawed, Citi’s head of digital strategy, Greg Baxter, said at a London event  on digital money sponsored by the global bank.

"If you take [the value of] all bitcoin transactions last year, we did that in three hours of trading [on a Citi forex trading platform]. So I think the maturity of it – I don’t think it’s quite there yet," Baxter […]

Leave a Reply

All Today's Crypto News In One Place