Bitcoin won’t become ‘an alternative form of money,’ or a store of value, says Ben Bernanke
Ben Bernanke, former chairman of the Federal Reserve, said that he doesn’t think bitcoin would take over “as an alternative form of money.”
‘Gold has underlying use value. You can use it to fill cavities. The underlying use value of a Bitcoin is to do ransomware or something like that,’ Bernanke said in an interview with CNBC.
$Bitcoin (BTC.CC)$ $Ethereum (ETH.CC)$ $Barrick Gold (GOLD.US)$ $Gold (LIST2110.US)$ $DB GOLD DOUBLE LONG EXCH TRADED NOTES (DGP.US)$
‘Gold has underlying use value. You can use it to fill cavities. The underlying use value of a Bitcoin is to do ransomware or something like that,’ Bernanke said in an interview with CNBC.
$Bitcoin (BTC.CC)$ $Ethereum (ETH.CC)$ $Barrick Gold (GOLD.US)$ $Gold (LIST2110.US)$ $DB GOLD DOUBLE LONG EXCH TRADED NOTES (DGP.US)$
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Basjan : Please advise... As far as i know Fiat money hasnt been backed by Gold since Raegan changed it in +-1984 ...?
Basjan : Also as far as i know, the price of gold have been manipulated and regulated by _____.
sick4cash : time for the currency to change if BTC or air money nasty gold to Heavy Or baby formula
Susan Bertolino OP Basjan : ‘Crashes are the best times to get rich’ — here’s why Robert Kiyosaki thinks bitcoin’s plunge is great news
Susan Bertolino OP sick4cash :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")