Paul Donovan, Chief Economist of UBS Global Wealth Management, published a weekly update entitled “Does Bitcoin defy the Zeitgeist?” on the UBS website Friday outlining a number of issues he sees with the cryptocurrency.
Furthermore, he asserted: “There is a global focus on reducing inequality.
Many bitcoiners took to social media to counter Donovan’s argument.
Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
The covid-19 crisis is worsening every day in India, as the country keeps hitting record daily numbers of cases and its death toll.
A proponent of the cryptocurrency, Culkin said, “I believe we are in the beginning stage of bitcoin’s shift away from being extremely …