Cryptocurrency will be 'quite valuable and quite useful' as it grows in popularity

Founder of the Switzer Report Peter Switzer says as cryptocurrency continues to grow in popularity, he thinks the central banks of the world will create more “digital coins, which will become more stable”.

Treasurer Josh Frydenberg has said he plans to protect consumers as cryptocurrency becomes more popular.

However, RBA Governor Philip Lowe recently warned Australians about investing in cryptocurrencies.

“They’ll be quite valuable and quite useful because when you use cryptocurrencies, it’s recorded on the blockchain,” Mr Switzer told Sky News host Chris Smith.

Image - ThumbHow To Make Huge Profits In A Short Time With Crypto
Get detailed training system that shows an absolute beginner (without any skill) how to make huge profits in a short time with crypto.
Image - ThumbCrypto + NFT Quick Start Course
The #1 course for profit in the Crypto & NFT world - You will discover the secrets that 99% of people don’t know yet

Recommended For You

About the Author: Stephanie Jacobsen


  1. I've just read a report from a small oil-producer. It is considering using the reserves it has just tapped to fuel an on-site crypto-ming operation. It's tempting for the young, and the 'hip', to think that 'crypto' is a good thing: it isn't. Crypto-mining now consumes more electricity than Norway!

  2. Useful until you're unable to access them!!! Agenda 2030 in full flow!! Build Back Better Bollocks anyone??!!

  3. The economic hardship, recession, unemployment and the lost of job caused by COVID-19/OMICRON pandemic is enough to push people to financial ventures, investing in cryptocurrency now should be in every wise individual lost. In some Weeks now, you will be ecstatic about the decision you made today.

  4. Reading about people grabbing multi-figures monthly as income in investments even in this crazy days in the market,any pointers on how to make substantial progress in earnings?would be appreciated…..

  5. <The year 2021 has been like a rollercoaster so far. The markets started off with a bang, with Redditors gathering and shaking up Wall Street by trading Gamestop stocks. Then, Bitcoin started spinning the charts up and down, Ethereum surprised pretty much everyone with its price hikes, altcoins started booming like never before (just think about DOGE), new market actors even rushed in to join the race. After all this, if you are still on the fence about getting in because you are worried that it’s too late to get started then you have to trade with the guidance of a professional<In three weeks of trading I have been able to make 9 btc using signals from Liam Noah. he can easily be reached on Telegram as [ liamnoahs ]

Leave a Reply

Your email address will not be published. Required fields are marked *