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."
I think very true what Neil Kashkari president of the Federal Reserve Bank of Minneapolis said. I agree with what he said that nowadays there are so many junk tokens being launched that many investors are experiencing losses. With the increasing price of bitcoin and other digital currencies, many parties are taking advantage by creating their coins and selling them on the market with the aim of deceiving many investors. be careful and stay alert with newly released altcoins