‘Cryptocurrencies Would Cause A Crisis In A Recession’ Says This Report

Source: Cryptodaily.co.uk, originally published on .

https://cryptodaily.co.uk/2018/07/cryptocurrencies-would-cause-a-crisis-in-a-recession-says-this-report/.

‘Cryptocurrencies Would Cause A Crisis In A Recession’ Says This Report

A report, written in Verdict highlights one issue with cryptocurrency that seems to be under-explored. We all envision a world led by crypto, one where we pay for our shopping in Bitcoin and send money to our loved ones in XRP.

Away from banks and government control, we are able to trade freely and keep the money we earn ourselves. However, we must consider what would happen in times of crisis, without a bank or central figure establishing policy, what happens if the country, or the world enters a recession again, how does crypto work then?

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