March 12, 2019

Ernst & Young specialist does not see the point in cryptocurrency.


The head of the blockchain innovation department at Ernst & Young, an auditing company, Paul R. Brodie, said that bitcoin and other altcoins have no practical application.
“At the moment I see no reason to prohibit Bitcoin. I treat him as an ordinary foreign currency, although it does not refer to any particular country. At the same time, I do not see the use of Bitcoin and other cryptocurrencies, ” - the expert emphasized.


Brody also claims that the future lies precisely with the technology of blockchain and stablecocks - coins of fiat currency. These two innovations will be able to help the economy of many countries and solve many problems in various spheres of life.


Earlier on our portal, we reported that the Bittrex cryptocurrency exchange is launching a crowdsale platform.