On Friday, the Bank of England’s governor made a comment that was music to the ears of Bitcoin and crypto proponents. BITCOIN IS THE FUTURE 🙏🏽 pic.twitter.com/ITdKsG9HJ5 — Pomp 🌪 (@APompliano) August 23, 2019 According to reports from Reuters and Bloomberg, Mark Carney dropped a bombshell on a group fo central bankers and press at…
Bitcoin (BTC) bears slow down In 20-30 years Bitcoin will be money says a BoE Chief Economist Andrew G. Haldane, the Chief Economist of the Bank of England, believes Bitcoin will be money in the next two to three decades. Presently, BTC is trending within a $30 range as bears attempt to press lower. Bitcoin…
It’s no secret that those who are heavily involved in the world’s traditional banking systems have a disdain for crypto, likely because of the many ways the relatively young technology challenges the traditional notions of banking. While offering a somewhat cliché opinion about the cryptocurrency markets, Huw van Steenis, the senior advisor to the Bank…
In an interview at the World Economic Forum in Davos earlier, the senior adviser to the governor of the Bank of England weighed in about the threat posed to the current financial status quo by Bitcoin and other cryptocurrencies. Huw van Steenis largely dismissed the blockchain-backed fintech innovation on the grounds that Bitcoin had not yet…