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3232Janet Yellen Warns Bitcoin Is ‘Extremely Inefficient’ and ‘Highly Speculative’ as BTC Price Plunges
https://www.digit.info/janet-yellen-warns-bitcoin-is-extremely-inefficient-and-highly-speculative-as-btc-price-plunges/
Tue, 23 Feb 2021 11:45:51 +0000https://www.digit.info/2021/02/23/janet-yellen-warns-bitcoin-is-extremely-inefficient-and-highly-speculative-as-btc-price-plunges/Read more]]>U.S. Treasury Secretary Janet Yellen has warned about the dangers of bitcoin as the price of the cryptocurrency took a nosedive. She sees bitcoin as a highly speculative asset and is worried about potential losses investors can suffer. Yellen also believes that bitcoin is not widely used as a transaction mechanism due to its inefficiency, […]
U.S. Treasury Secretary Janet Yellen has warned about the dangers of bitcoin as the price of the cryptocurrency took a nosedive. She sees bitcoin as a highly speculative asset and is worried about potential losses investors can suffer. Yellen also believes that bitcoin is not widely used as a transaction mechanism due to its inefficiency, […]