President of Central Bank of Peru Criticizes Crypto, Citing Lack of Intrinsic Value and Climate Change – Emerging Markets Bitcoin News

[ad_1] Julio Velarde, the president of the Central Bank of Peru, attacked the value of cryptocurrencies and referred to negative effects they are said to have on the environment. In a recent interview with local media, Velarde said the Bank did not consider bitcoin a payment method. Instead, Velarde referred to it as a “highly volatile financial asset,” that people purchase for this volatility risk. President of Bank of Peru Blasts Crypto Julio Velarde, the president of the Central Bank of Peru, recently shared his opinion and the…

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Kim Dotcom Insists ‘Bitcoin Cash Will Serve the Mass Market,’ Criticizes BTC Fees, Elon Musk Responds – Bitcoin News

[ad_1] On Wednesday, the digital entrepreneur Kim Dotcom took to Twitter and talked an awful lot about the stark differences between bitcoin fees and bitcoin cash fees. While tagging Tesla’s Elon Musk in the thread, Dotcom explained that more than half the payments in the world are under $10 and the Bitcoin Cash network is “serving the mass market, [and] not just the 1%.” Kim Dotcom: Bitcoin Cash Serves the Mass Market On March 24, the cryptocurrency community was ecstatic to hear about Tesla accepting bitcoin (BTC) for payments. Following…

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