Bitcoin Likely to Become ‘Niche’ Product, Says ING’s Top Economist

The chief economist for Dutch banking giant ING believes bitcoin will likely wind up as a niche financial product, according to a new report. 

In a report from Dec. 18, ING’s principal economist Teunis Brosens argued that actual use of the cryptocurrency will be limited to “tech nerds, people obsessed about their privacy, [and] people afraid of (hyper) inflation of traditional currencies,” among others.

You can read the full article written by Wolfie Zhao here.

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