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posted by janrinok on Wednesday June 27 2018, @12:22AM   Printer-friendly
from the my-bubble-is-bigger-than-yours dept.

As reported in the Evening Standard, the Bank of International Settlements published an annual report with four criteria to continue economic growth. However, it was rather overshadowed by a statement in the appendix (reported here, here, here, here, here and elsewhere) where cryptographic currency was described as a "combination of a bubble, a Ponzi scheme and an environmental disaster".

I agree and so does a Canadian electricity company.


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  • (Score: 4, Touché) by TheRaven on Wednesday June 27 2018, @11:59AM (1 child)

    by TheRaven (270) on Wednesday June 27 2018, @11:59AM (#699243) Journal
    To put that in perspective, merchants complain about credit card companies charging 30¢/transaction.
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  • (Score: 1) by khallow on Wednesday June 27 2018, @12:23PM

    by khallow (3766) Subscriber Badge on Wednesday June 27 2018, @12:23PM (#699255) Journal
    And stock transactions can be had for $10 per. It's a little pricey for a transaction fee and may go up even further.