Bitcoin WARNING: BoE boss says bitcoin attracts 'FOOLS' as he warns regulation is IMMINENT

Bitcoin WARNING: BoE boss says bitcoin attracts 'FOOLS' as he warns regulation is IMMINENT
 

Mark Carney said cryptocurrencies such as bitcoin were a "failure” during a speech at the Inaugural Scottish Economics conference on Friday.
Following the speech, Mr Carney told Bloomberg News: “It’s ten times more volatile than sterling. It’s not a stable hold of value.”
He added: “It’s not that efficient. For example, it costs about one and a half pence to use cash, eight pence to use a debit card in the UK, swipe cards, your iPhone – it costs about two pounds to use bitcoin on a transaction basis.
“You layer on top of that the environmental costs and other factors. It’s just not... read more

 
2 March 2018 in Business, Views: 51
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