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Sherry Mccoy

Bank of England’s Andrew Bailey Warns Bitcoin Has No Intrinsic Value, Not a Practical Means of Payment

Andrew Bailey, Bank of England Governor, warned about cryptocurrency and bitcoin on Monday’s Jobs of the Future podcast. After the crypto market plummeted, losing close to $500 billion in value this month, his warning was issued. Bitcoin, the most popular cryptocurrency, has dropped more than 25% in the last 30 days. Bailey admits that blockchain technology...Read More
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