The Guardian: The Bank of England has said that bitcoin could be “worthless” and people investing in the digital currency should be prepared to lose everything.
The cryptocurrency peaked above $67,000 in early November, but suffered a sell-off after news first broke of the Omicron variant of coronavirus, before stabilising around its current level in the past week.
In a warning over the potential risks for investors, the central bank questioned whether there was any inherent worth in the most prominent digital currency, which has soared in value this year to close to $50,000 (£37,786) a piece. The deputy governor of the Bank of England, Sir Jon Cunliffe, said the Bank had to be ready for risks linked to the rise of the crypto asset following rapid growth in its popularity. “Their price can vary quite considerably and could theoretically or practically drop to zero,” he told the BBC.
Parid Turdiu: Nuk besoj se BTC do shkoje ne zero, por ne $30 mije mund te shkoje. Me qe ra fjala une do jem bleres ne nivelin 30 mije.
The market capitalisation of crypto assets has g