Quote from: Alikhaki123 on August 19, 2021, 02:21:43 PM

In a recent speech at the annual PNWER meeting held in Montana, Neil Kashkari, president of the Federal Reserve Bank of Minneapolis, sharply criticized cryptocurrencies, stating that "95 percent of cryptocurrencies are fraud, deceptive advertising and noise," and he also said he had a more positive view of cryptocurrencies in 2015. Kashkari also referred to the large number of altcoins and called them "garbage coins."

looks like he should read more and seek more information about cryptocurrencies. because there's no way 95% of cryptocurrencies are scams. indeed there is a lot of fraud going on in cryptocurrencies but it is impossible to reach 95%. because if that happens then there are currently no cryptocurency users because crypto is considered a fraud area.