Following the collapse of the cryptocurrency market in June, many in the professional community have been asking big questions about what role cryptocurrencies play in society. While Nouriel Roubini continues with his passionate assertion that 99% of cryptocurrencies are worth ZERO and that it is fintech, and not blockchain that will innovate the banking system, Fidelity, one of the largest mutual fund managers had just launched its crypto trading desks, and the Bill and Melinda Gates Foundation has announced a partnership with Ripple's Interledger for mobile payments. It seems that economists and digital innovators are divided on the role that cryptocurrencies and blockchain might play in the financial system.
from Yahoo Finance https://ift.tt/38PxxFI

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