Friday, September 22, 2023
Homethe fintech effectBitcoin has no future because of its anonymity, SocGen CEO says

Bitcoin has no future because of its anonymity, SocGen CEO says

  • Societe Generale CEO Frederic Oudea: Virtual currencies carry too much risk due to their anonymity
  • "The benefit so far is it provides anonymity to the people who are making the transactions," he told CNBC
  • He joins a long list of bank executives to criticize bitcoin and cryptocurrencies

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