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Tag: Cryptocurrencies

World Bank warns against cryptocurrencies, compares it to Ponzi schemes

February 8, 2018Ayo Olowo

The World Bank warned and compared cryptocurrencies to “Ponzi schemes”. The warning is the the latest financial voice to raise questions about the legitimacy of digital currencies such as Bitcoin. “In terms of using Bitcoin or some of the cryptocurrencies, we are also looking at it, but I’m told the vast majority of cryptocurrencies are […]

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