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British Central Bank Governor Banned Bitcoin So Currency
Agnes Savithri, CNN Indonesia
Wednesday, 21/02/2018 07:45
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British Central Bank Governor Banned Bitcoin So Currency
Illustration. (Photo: REUTERS / Benoit Tessier)
Jakarta, CNN Indonesia - Bitcoin is considered a failure as a currency measured by reference or standard benchmark. The Governor of the Bank of England (BoE) Mark Carney revealed that bitcoin is not a storage value or a useful way to buy something.
"So far (Bitcoin) has failed more, on the traditional aspects of money.This is not a store of value because it is so unfocused and inconsistent.No one uses it as a medium of exchange," Carney told students at Regent University London as quoted from Between, Tuesday (20/2).
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However, the underlying crypto-currency technology may still be useful as a way to verify transactions
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