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Former Greek Minister Of Finance Says BTC Is Unfit To Replace Money

Former Greek Minister of Finance Yanis Varoufakis said that blockchain is indeed an incredible technology but Bitcoin is unfit to replace money and will only make the crises worse as we read more in the latest Bitcoin news. The former Greek Minister of finance said that there is an uneven distribution of BTC and its limited supply adding that not much will change for the companies and private banks even if BTC becomes the new fiat. VAroufakis knows a few things about financial crises as in 2015 he was in charge when the country was hit with the harsh financial…

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