View RSS Feed

TheNews

  1. BoE's Carney Says Bitcoin Failed As Currency

    by , 02-20-2018 at 12:08 PM
    Name:  gbpusd-m5-metaquotes-software-corp.png
Views: 95
Size:  13.8 KB

    Bank of England Governor Mark Carney said bitcoin has pretty much failed as currency as its value is unstable and it cannot be a useful way to buy things. "It has pretty much failed thus far on ... the traditional aspects of money. It is not a store of value because it is all over the map. Nobody uses it as a medium of exchange," he told students at Regent's University in London.

    more...