    Taiwanese billionaire Guo Taiming has trashed cryptocurrencies, labeling them as only befitting the underworld. Speaking in a recent interview with the Economic Daily, the Hon Hai Precision Ltd founder said that he failed to understand the whole “virtual currencies” topic and its decentralization claims. “Currency can never be decentralized, so the central bank will not open it. Virtual currency is a fake topic, only the underground economy. Will use virtual currency.” He said. According to him, while the concept of decentralization is very important when used with industrial production and health information, currency decentralization was not possible especially…
