“In the event of a widespread banking panic, which seems unlikely at this time, there will probably be the typical rush by investors into safe assets such as the U.S. Treasury securities. That is likely to help than hurt the dollar in the short term,” Eswar Prasad, professor at Cornell University, told CoinDesk, calling the hyperinflation forecasts “unduly hyperbolic.”
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Why crypto?
Cryptocurrencies are becoming increasingly popular due to the transparency, security, and speed that they offer. Transactions made using cryptocurrencies are secured and...