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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, […]
]]>Janet Yellen Reveals Plans for Bitcoin — Sees Cryptocurrencies Used Mainly for Illicit Financing
https://www.digit.info/janet-yellen-reveals-plans-for-bitcoin-sees-cryptocurrencies-used-mainly-for-illicit-financing/
Wed, 20 Jan 2021 20:30:08 +0000https://www.digit.info/2021/01/20/janet-yellen-reveals-plans-for-bitcoin-sees-cryptocurrencies-used-mainly-for-illicit-financing/Read more]]>Janet Yellen, Joe Biden’s pick for the Treasury Secretary, has revealed her policy for cryptocurrencies, including bitcoin. She claims that cryptocurrencies are mainly used for illicit financing and their use needs to be curtailed. Janet Yellen Reveals Her Plans for Cryptocurrencies In the Senate hearing to consider Janet Yellen’s nomination as Secretary of the Treasury […]
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, […]
Janet Yellen, Joe Biden’s pick for the Treasury Secretary, has revealed her policy for cryptocurrencies, including bitcoin. She claims that cryptocurrencies are mainly used for illicit financing and their use needs to be curtailed. Janet Yellen Reveals Her Plans for Cryptocurrencies In the Senate hearing to consider Janet Yellen’s nomination as Secretary of the Treasury […]