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“ There is potential in the crypto world , but it ’ s very difficult to know which coins and tokens will be part of the new financial system in the future ”
Susannah Streeter Senior investment and markets analyst at Hargreaves Lansdown
which coins and tokens will be part of the new financial system in the future ,” says Streeter . “ It ’ s so nascent , this technology and the applications on the blockchain , that it ’ s like spinning a roulette wheel because the rules of the game haven ’ t yet been properly drawn up .” She adds that central banks are looking at establishing their own digital currencies and perhaps backing certain stablecoins ( cryptocurrencies linked to reserve currencies ). Until the direction of travel becomes clear , it will be difficult to work out the intrinsic value of any of these coins .
The boring stuff Komolafe advises people to let go of the idea they can magic up money overnight . Instead , they should do the “ boring stuff ” such as checking
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