Weiss Rating Agency: Cryptocurrency is More Trustworthy than Banks

Martin D. Weiss and Juan M. Villaverde, writing in Weiss Cryptocurrency Ratings, argue that legislative changes being made by the current US government demonstrate that the eventual usurping of the banking system by cryptocurrency is an inevitability.

 

Weiss Ratings was founded in 1971 and provides ratings on American insurance companies, banks, credit unions, stocks, ETFs and mutual funds – around 55,000 institutions and investments in all. It began rating cryptocurrencies in January 2018; in its first report, it gave Ethereum a B and Bitcoin a C+.
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