Shocking words from the Governor of the Bank of England about Bitcoin!

The Bank of England (BOE) Governor Andrew Bailey opened his mouth and closed his eyes.. Here are Bailey’s shocking words about Bitcoin!

Warning to investors from the head of the Bank of England!

Not a day goes by that a new government official doesn’t make a statement about Bitcoin and other cryptocurrencies.. Andrew Bailey, who made a statement about Bitcoin at a recent press conference, gave a message to investors that if you pour capital into Bitcoin, be prepared to lose.

Andrew Bailey:

“Cryptocurrencies have no real value. This is not to say that people do not value them, because they may have an external value, but not an internal value.. Cryptocurrencies carry very high potential risks.

I am telling you frankly, only buy these investment assets if you are ready to lose all your money.. Bitcoin dropped to $3,100 after climbing to $20,000 in 2017. I want to remind you of this balloon again. Because this bubble is going to burst in someone’s hands.”

Same Opinion – Different Expert

In a recent interview with Fox Business, Brian Belski, chief investment strategist at BMO Capital Markets, told Andrew He shared very similar thoughts with Bailey. According to Belski, Bitcoin is not a currency or an asset:

“What is the real value of bitcoin or crypto? As financial professionals, we don’t know how Bitcoin occupies our landscape and how to approach it.. But I can tell you that Bitcoin is not a currency and contains as much manipulation as possible!”

Author’s comment:

Friends both Bank of England Governor Andrew Bailey and BMO Capital. As Brian Belski, the chief investment strategist of the markets, said, we do not have an opinion that Bitcoin will come out in the short term.. However, while we never endorse the mentality that Bitcoin is a bubble, we believe that the future of money is crypto.

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