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RE: STEEM has B- rating according to the WEISS RATINGS report. Price growths!

in #steem7 years ago

Good to see more institutions paying attention to cryptocurrencies. However don't forget how badly the institutionalized ratings agencies failed everyone in 2008. I can't say anything specifically about Weiss but in general the other companies take money from the industry they are supposed to be rating. That seems less likely with crypto - except for some alt-coins perhaps - but never assume they are reliable.