Cryptocurrencies Not Good For Nations Stabilization: Hillary Clinton Warns 

World Faced New Challenges-Hillary Clinton

Her statement came out during a panel via video discussion at the Bloomberg New Economic Forum on Friday in Singapore. Clinton said that governments worldwide faced a range of new challenges, including disinformation and artificial intelligence.

She brought attention to the rise of cryptocurrency; she suggested that nation-states should pay more attention to the cryptocurrency area. According to her, what appears to be a fascinating and unusual endeavor to practically mine new currencies to trade with them has the potential to destabilize states by weakening currencies, undermining the dollar’s role as the reserve currency, and destabilizing nations, possibly starting with small ones but progressing to much larger ones.

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Clinton made the remarks while slamming Russian President Vladimir Putin, accusing him of using “a huge stable of hackers and disinformation and cyberwarfare specialists.”

 Clinton blamed Russian meddling and shady FBI actions for her defeat to Republican Donald Trump in the US presidential election the year before. She emphasized Russia’s participation in hacking into her campaign’s internal emails and coordinating their subsequent distribution on WikiLeaks.

 Hillary Clinton’s views come when the stock market is in the midst of a sharp downturn. As the crypto market slump deepens, Satoshi Street is seized by fear. As of press time, the total market capitalization of cryptocurrencies has dropped below $2.5 trillion. Bitcoin (BTC) and the entire altcoin market have corrected 15 percent in the previous few days.