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."
He is right in absolutely everything, 95% is still a little of the total. To be precise, there will be a couple of dozen worthy projects from what is at the moment. Garbage coins appear every day and, moreover, in large quantities, the crypto world needs a reboot to be a little cleaner.Although if someone buys it, then someone needs it.