Cryptocurrencies Will Cause The Next Financial Crisis Says Metalla Royalty Ceo
Speaking to Kitco News, Heath said all historical financial crises have various attributes in common, including mass adoption of a new financial product or a new technology. He singled out the 2008 wide-scale adoption of mortgage-backed securities and the tech boom in the early 2000s while noting that cryptocurrencies are heading in the same direction. Brett added that cryptocurrencies would potentially face the same fate and collapse. As cryptocurrencies grow in value, Heath notes that they are offering the private sector a chance to print more money while questioning the rarity of digital assets....