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Published 2 years ago

Bank of England's Andrew Bailey Warns Bitcoin Has No Intrinsic Value, Not a Practical Means of Payment – Regulation Bitcoin News

Summary by Ground News
Bank of England Governor Andrew Bailey warned about bitcoin and cryptocurrency on the Jobs of the Future podcast, published Monday. His warning came after the crypto market plunged, shedding close to $500 billion this month. Bailey has never been a fan of bitcoin or crypto. He said last month that crypto creates an opportunity for the downright criminal.

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