19-02-2018 21:47 via uk.finance.yahoo.com

BoE's Carney says Bitcoin has 'pretty much failed' as currency

Bitcoinhas failed as a currency measured by standard benchmarks, and is neither a store of value nor a useful way to buy things, Bank of England Governor Mark Carney said on Monday."It has pretty much failed thus far on ... the traditional aspects of money.Nobody uses it as a medium of exchange," Carney told students at London's Regent's University.
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