Bank of Italy Calls Bitcoin Useless, Risky and Inefficient

Recently, the Central Bank of Italy published a report against digital currencies including Bitcoin (BTC), defining them as dangerous, useless, speculative and inefficient. The bank is not happy with how cryptocurrencies are being used.

Many criminals have taken advantage of cryptos to run their illegal activities such as funding terrorism such as al-Qaeda, money laundering, supporting prostitution, drugs, sex etc.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-useless-risky/