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Bitcoin has ‘pretty much failed’ as a currency, Bank of England Governor Carney says

February 20, 2018

Via: CNBC

Bank of England Governor Mark Carney raised concern over extreme volatility in the world’s best known digital currency.

“It has pretty much failed thus far on … the traditional aspects of money. It is not a store of value because it is all over the map. Nobody uses it as a medium of exchange,” Carney said, according to Reuters.

The central banker made the comments at a talk at Regent’s University, London, on Monday evening.

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