RATE Group | British Banker Talks Bitcoin Again; Price Bombed 80% Last Time
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British Banker Talks Bitcoin Again; Price Bombed 80% Last Time

05 Mar British Banker Talks Bitcoin Again; Price Bombed 80% Last Time

Posted at 00:13h in Bitcoin News by

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The incoming Governor of the Bank of England has once again said that Bitcoin buyers should be prepared to lose everything they invest. Andrew Bailey, formerly the chair of the FCA, says that the digital asset lacks “intrinsic value”.

Bailey has expressed very similar sentiment previously. In fact, the last time he did was three days before Bitcoin’s current all-time high price. We all know what happened next…

Central Banker Warns Bitcoin Investors Once Again

According to the below tweet, the last two years have done little to change Andrew Bailey’s mind on Bitcoin. Due to take a position as Governor of the Bank of England on March 17, Bailey faced a grilling from members of parliament today ahead of him taking the top job at the central bank.

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