Gravitas: Bitcoin could become "worthless", Bank of England Warns

I'm new to forex and I find it difficult using these strategies well. Where can I find a legit broker? than will manage my account and also teach me how to trade

bitcoin is a scam and the goverment knows it .

Decent Video!!! Extremely captivating from the beginning as far as possible, in any case business and venture are the most ideal way to bring in cash regardless of the current circumstance of the economy.

Following China so they can control your wealth!

Go start the panic…

Forever, we will follow the light
Although we'll burn in nuclear fire
As we can see on our last flight
It will take us one step higher than we were

It has the same use as gold, but unlike gold, the younger generations are investing hard into crypto, meaning that crypto will become the most valuable investments in the next 10-20 years.

The bank of England can say what it wants.. that island is no longer part of the EU due to Brexit and is in the prosses of been unhooked from the EU financial system

And, what backs the US dollar? Nothing. Euro? Nothing? Etc… etc… etc.

In times of crisis, a roll of toilet paper is real currency… (in the US, anyway)

Decentralisation for the welfare of future generations.

Hurray!!!

Usd can be worthless also

My absolute heartfelt thanks for your nature that you acted so selflessly, Putting in this amount of time an effort to teach how to make funds,Bitcoin, cards

I really feel left aside hearing and seeing several testimonies from people on profits they make from crypto/Forex investments. Can someone please recommend a good expert that can trade on my behalf and generate profits for me🥺🥺🥺

I think clam shells have more value

Mrs Jane is legit and her method of trading works like magic I keep on earning every single week with her new strategy

Bitcoin and other crypto currencies are not currencies. They are highly volatile speculative liquid investments comprised of nothing more than an encrypted computer entry that is recorded and traded for money. True currency is a dynamic chose in action whose value is derived from transactions in the marketplace. A dollar is worth a dollar because someone is willing to pay you a dollar for a product or service or as a wage. The amount a crypto coin is worth is based on purchases of the crypto currency itself and bears no relationship to goods and services traded in the marketplace. Its value results from a purchaser paying the asking price for the coin. Holders of crypto coins are purchasers, not depositors, as they would be if they placed their money into a bank account. That a holder may spend all or part of it does not make it a currency because the merchant is actually taking the crypto currency in barter.

The nature of the technology by which crypto currency is produced enables it to evade the laws that govern financial instruments and investments. These devices have been described as tokens, which is somewhat fitting, albeit skirting the legal definition.

A currency must have a relatively stable value like the dollar in order to be useful in business. Whether money is represented by a metal coin, paper currency or digital currency (a computer entry) is irrelevant. The principle remains the same. Genuine money is created from activity in the marketplace. Its supply requires national central management in response to population level, foreign trade, etc. Decentralized crypto currencies employing block chain technology are de facto ponzi or pyramid schemes, as these bear no relationship whatsoever to value created as a result of someone buying and paying for a product or service. Their price is determined solely by the purchaser agreeing to pay the sum demanded by the seller.

New coins are continually being released at a controlled rate and given away free to the party that guesses their code. That is referred to as mining. This dilution of value is obscured by speculative purchases and by new entrants playing the game. In the final analysis, the true nature of crypto currency is that of an online game.

Much has been said about the security feature of block chain technology. That it is tamper proof is a vital ingredient of the sales pitch for this product. That a crypto currency employs block chain technology is not an indicator of the integrity of the product itself. A worthless coin enjoys a similar degree of protection from hacking and counterfeiting as one of high value.

A chain is only as strong as its weakest link. The founder of an exchange died suddenly. No one else had the keys to the cold wallet that was on his laptop computer that held $145,000,000 of client’s coins. These cannot be recovered.

The purchaser pays for what is nothing more than a computer entry having faith that at some future time he will be able to sell access to this particular entry to an online ledger to someone else for a sum equal to or higher than what it cost him. Exchanges earn a commission from the process. Miners are rewarded with newly minted coins for maintaining the ledger. Holders of coins are vulnerable to loss. Hard drives do crash.

I came here to learn how to trade after listening to a guy on investment reviews talking about the importance of investing and how he made €270,000 in 3 months from €75.

no i havent invesrted,why ?its a ponzi scheme

< Excellent Post The video you posted is very detailed and concise my friend, I love your content. Interestingly, some still haven't come to terms with the fact that cryptocurrencies continue to change the world globally. Those who are against it have a hard time these days. Although I think we really need more experts on this from a trader perspective to educate newbies/investors on how it works, the price of BTC has been very volatile lately which means the market is currently open… No one can tell if they are too bearish or too bullish, and that uncertainty drives most traders away and forces investors to wait and see. I would say that just sitting back and waiting for losses is totally wrong and maybe that's the wrong attitude for investors because as investors you want to find ways to get hold of more and more coins, so withdrawal should be our priority. It all depends on your trading pattern and where the resulting strategy comes from. I started with 2 BTC and amassed over 8.6 BTC in just 2 weeks with the right trading strategy given to me by experienced trader Alex petrus , his methods are top notch. You can easily find Alex via ͲeIєɠɾαmm {@Alexpetrus01}

Crypo currency and NFTs will outsmart the banking system in the nearest future serving as a global fiat. Already making profit from my current investment, Thanks to Judith Callen.