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Bank of England governor says cryptocurrency investors should ‘be prepared to lose all their money’ – NEWS.com.au

Bank of England governor says cryptocurrency investors should ‘be prepared to lose all their money’

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Bank of England governor Andrew Bailey has taken an almighty swipe at cryptocurrency investors, warning punters to be prepared to lose all their money to the online phenomenon.Banks have been forced to take a hard stance against the growing trend, which poses a very real threat to traditional economic systems as more and more people elect to buy goods and services with decentralised currency.
Launched in 2008 as an alternative to mainstream banking services, Bitcoin has generated an unprecedented…

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