Cryptocurrency is terrible as money but “crypto-assets” are for real, says Bank of England’s chief – MIT Technology Review

Cryptocurrencies represent a deeply flawed form of money, but policymakers should be careful not to crack down too hard on “crypto-assets,” Mark Carney, governor of the Bank of England, argued in a speech (pdf) today.
— Read on www.technologyreview.com/the-download/610406/cryptocurrency-is-terrible-as-money-but-crypto-assets-are-for-real-says-bank-of/