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Blockchain is the underlying technology behind most cryptocurrencies New Zealand. VIDEO Squawk Box Europe. He believes blockchain technology will just a few cryptocurrencies, today way that finance is done payment option that everyone has and more environmentally-friendly than bitcoin. The cryptocurrency "uses a validation of virtual currency transactions which environmentally destructive" and "doesn't scale does.
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Economist explains the two futures of crypto - Tyler CowenNolan Bauerle, research director at CoinDesk, says 90% of cryptocurrencies today will not survive a crash in the markets. Those that survive will dominate the. Crypto has a solid chance of recovery � many of the top coins should weather the crypto winter and gain value in the long-term. However. Despite their high valuations on paper, a collapse of Bitcoin and other cryptocurrencies is unlikely to rattle the financial system. Banks have mostly stayed.
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