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Wednesday

21 October 2020

BoE governor continues to assert Bitcoin has 'little intrinsic value'

BoE governor continues to assert Bitcoin has 'little intrinsic value'


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At that time, he stated that he was “very nervous” about people using Bitcoin (BTC) for payments.

During his time as the head of the U.K.’s Financial Conduct Authority, Bailey told members of the Parliament at a Treasury Select Committee hearing that investors should “be prepared to lose all [their] money” as the crypto asset holds no intrinsic value

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cointelegraph.com
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