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❕NEWS Davos 2021: Crypto Money Statement From The Governor Of The Bank Of England

aryan4

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Andrew Bailey made an ambitious statement and noted that a digital currency that could be long-lasting has not yet been developed.
Bank of England Governor Andrew Bailey doesn't think cryptocurrencies will be permanent. According to Andrew Bailey, this emerging asset class needs more regulation.
Do you agree with these thoughts?
 

aryan4

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The official did not explain clearly why she did not believe it would be permanent. But I think the legal regulations that come up almost everywhere are one of the first topics of discussion in this forum.
 

achawaskey

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I wonder at this stage he still believe that Cryptos has not come to stay, I don't really know were he got his fact from, I think this statement is his own personal option.
 

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I think crypto currency will be here for a very long time if not permanent. But I'm wondering why our local currency ( fiat money,) is permanent and crypto can't, I don't even understand the logic here
 

aryan4

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I think crypto currency will be here for a very long time if not permanent. But I'm wondering why our local currency ( fiat money,) is permanent and crypto can't, I don't even understand the logic here
We all may have different views, these managers may have different views. But there should be a very clear explanation for their opinion, but there is no.
 
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