Crypto Will Survive Bear Market But Won’t Replace Money: Allianz Chief Economist28.1

Crypto will survive the current market sell-off because it’s here to stay. However, cryptocurrencies won’t replace fiat money anytime soon. That’s the assessment of Allianz chief economist Mohamed El-Erian. “Cryptocurrencies will exist. They will become more and more widespread, but they will be part of an ecosystem,” El-Erian said at the Consensus: Invest conference in New York. “They

The post Crypto Will Survive Bear Market But Won’t Replace Money: Allianz Chief Economist appeared first on CCN

Original source
https://www.ccn.com/crypto-will-survive-bear-market-but-wont-replace-money-allianz-chief-economist/

Add comment

Please Sign in to be able to leave comments.