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Harvard University experts opposed to digital technologies called on US lawmakers to resist the pressure of crypto investors.
Harvard information technology professor Bruce Schneier, according to the Financial Times, said that the statements of supporters of the blockchain about its security or decentralization do not correspond to the truth. Systems in which you can lose all your savings if you forget the password, a priori are unsafe, the scientist assures.
Along with other computer scientists, Schneier signed a letter in which he sharply criticized cryptocurrencies and blockchain. The letter was sent to U.S. lawmakers in Washington. One of the signatories was scientist and software developer Stephen Diehl, who explained that the letter is an attempt to counter at least something to the supporters of cryptocurrencies, who for some time began to dictate to politicians what laws should be adopted.
The authors of the letter emphasize that cryptocurrencies are risky assets and financial instruments that have not proven their usefulness and security. Scientists are trying to dissuade lawmakers from making any concessions for the crypto industry.
According to Crypto Head, in 2018-2021, the number of cryptocurrency lobbyists has grown significantly, and the budget spent on promoting digital currencies in government circles has grown from $ 2.2 million to $ 9 million.
Earlier, Washington Gov. Jay Inslee signed a law aimed at expanding the adoption of blockchain in the financial and industrial sectors of the state.
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