Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Lenipiw on October 12, 2020, 10:25:40 PM
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“It may have extrinsic value in the sense that people want it,” said Bailey. Bank of England Governor Andrew Bailey’s position on crypto apparently hasn’t changed despite the economic fallout of the pandemic.
According to an Oct. 12 report from Reuters, Bailey spoke at a Bank of England, or BoE, question and answer session with members of the U.K. public on Monday. At that time, he stated that he was “very nervous” about people using Bitcoin (BTC) for payments. The governor said people should consider the asset's volatility when it came time to invest.
Visit here: https://cointelegraph.com/news/boe-governor-continues-to-assert-bitcoin-has-little-intrinsic-value