Bank of England Governor Claims Bitcoin Will Fail as Payment Method - Aliens: AI Crypto News & Markets Updates
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Bank of England Governor Claims Bitcoin Will Fail as Payment Method

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U.Today

Mon, May 23, 2022

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Bank of England Governor Andrew Bailey has joined the choir of central bankers who have criticized cryptocurrencies over the past week .

During his recent podcast appearance, Bailey predicted that Bitcoin wouldn’t end up becoming a widely accepted form of payment since it is not “practical.” As reported by U.Today, the central banker has repeatedly stated that Bitcoin has no intrinsic value.

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