Bank of England Governor, Andrew Bailey, has yet again dismissed the premium cryptocurrency, Bitcoin. He stated that he found it hard to see how Bitcoin had any intrinsic value. On Monday, the Bank of England held a question and answer session with members of the public, during which Governor Bailey made a statement:
I have to be honest, it is hard to see that Bitcoin has what we tend to call intrinsic value,” “It may have extrinsic value in the sense that people want it.
Bailey was also…
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