Crypto currencies ought to be forbidden, for various sound reasons.

  1. Money laundry; they are the preferred choice of criminals;
  2. they’re primarily speculative, work as a pyramid scheme;
  3. it is subversive, negates the quintessential aspect that currencies are brought in circulation by authorities which can be held accountable;
  4. the mining has the energy demand of medium-sized nations;
  5. conventional currencies are actually like a fine barometer for a country’s financial and economic situation.

Not satisfied with the close relationship between authorities and banks, let’s address that. Not replace currencies.

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Identify how high-tech bypasses common sense to sell us a solution that frequently misses the point | country: Netherlands

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