Whenever uncertainty hits a region or
particular market, fiat currency users often revert to gold as a means
of securing their wealth, just as
cryptocurrency enthusiasts turn to the perceived
stability of bitcoin.
In
particular, at a meeting
of the finance ministers and directors
of the central banks
of the G20 member states the head
of the Financial
Stability Board (FSB) Mark Carney stated that
cryptocurrencies do not pose risks to global financial
stability.