Bank of England Governor: "Bitcoin Has Failed as a Currency but Blockchain Technology Has Promise"

Bank of England (BoE) Governor, Mark Carney, in a meeting with central bankers worldwide in Wyoming, has predicted that a cryptocurrency backed by several nations could overtake the U.S. dollar as the world reserve currency. As such, it will end the fiat’s hoarding by governments and enhance global trade, reports The Guardian on August 23,

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Source and More information: Mark Carney: Cryptocurrencies Could Overtake the U.S. Dollar as World’s Reserve Currency

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