Bank of England Governor Claims Bitcoin Has ‘Failed’ As A Currency

in #esteem7 years ago


Bank of England (BOE) Governor Mark Carney said that Bitcoin can not be considered as a valid currency by "traditional" definitions, The Telegraph reported on Monday (February 19).

In a program in London at the University of Regency, Carney claimed that Bitcoin did not meet the two major requirements of a traditional currency, saying that bitcoin is neither a medium of exchange nor a stock of value SOURCE https://cointelegraph.com/news/bank-of-england-governor-claims-bitcoin-has-failed-as-a-currency

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great post.. thank you.sir..