Another financial crisis, similar to the one that occurred in 2008, is likely to be triggered by crypto-currencies.


Crypto will soon be at the forefront of a global financial meltdown. According to Brett Heath, CEO of Metalla Royalty & Streaming, the amount of money issued in the United States pales compared to the number of digital assets created every day. The Metalla CEO believes that will soon fulfil previous financial apocalypse scenarios.

“When you look back over the last few decades, and you look at all of the financial crises that have occurred, they all have a handful of features in common,” Heath told Decrypt. The broad acceptance of a new financial product or technology that isn’t completely understood is one of them.”

He contrasted the broad acceptance of mortgage-backed securities previous to the financial crisis of 2008 in the United States to the current situation of the crypto market.


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