Bitcoin Vs. Fiat: New Zealand’s Top Banker Questions Crypto’s Credibility

Feb. 13, 2024, 12:30 a.m. 10 months, 1 week ago

Bitcoin Vs. Fiat: New Zealand’s Top Banker Questions Crypto’s Credibility. In a recent discussion, Adrian Orr, the Governor of the Reserve Bank of New Zealand (RBNZ), shared his perspective on the role of Bitcoin and other digital currencies in the current financial ecosystem. The Skepticism Surrounding Digital Currencies During a parliamentary committee meeting, Orr expressed skepticism regarding Bitcoin’s capacity to …


Read more on Bitcoinist

Who, What & Where

Bitcoin

Bitcoin


The first decentralized digital currency, created by an unknown person or group …

Fiat


Government-issued currency, not backed by a physical commodity, like the US dollar …