Auto Added by WPeMatico

Andrew Bailey Is Clearly No Fan of Bitcoin

Andrew Bailey – governor of Britain’s Central Bank (BCF) – is clearly not a bitcoin fan. Andrew Bailey: BTC Has No Connection to Money In a recent webinar hosted by the financial institution, Bailey took the time to explain bitcoin, stable currencies and central bank digital currencies (CBDCs). While he was relatively positive about the latter two entities, bitcoin appeared to rub him the wrong way, and he wasn’t very complimentary of the world’s number one digital currency by market cap. In the webinar, Bailey explained his thoughts on the digital asset: Let me start with crypto assets such as…

Continue Reading Andrew Bailey Is Clearly No Fan of Bitcoin

End of content

No more pages to load