We have a lot to get to so lets get started. The bank of england issued a sharp warning to Crypto Currency users in which governor Andrew Bailey claimed they should be prepared to lose all of their money his comments were made during a Press Conference on thursday where he said the only Value Crypto Currency is have is the value people put on them but it is impossible for them to have intrinsic value he then added quote im going to say this very bluntly buy them only if youre prepared to lose all of your money so joining me now to discuss the latest. Stan Crypto Analyst christiane i all right christine lets start with this claim that crypto currencies have no intrinsic value what is your response to that. Well then i would say what is the intrinsic value of the u. S. Dollar or the british pound for that matter since were talking about the bank of england and intrinsic value of a commodity is the value that the product possesses and of itself it doesnt require any additional horse to pr
A sharp warning to cryptocurrency users in which governor Andrew Bailey claimed they should be prepared to lose all of their money his comments were made during a Press Conference on thursday where he said the only Value Crypto currencies have is the value people put on them but it is impossible for them to have intrinsic value he then added quote im going to say this very bluntly buy them only if youre prepared to lose all of your money so joining me now to discuss the latest. Stand Crypto Analyst Christiane i all right chris do you start with this claim that crypto currencies have no intrinsic value what is your response to that. Well then i would say what is the intrinsic value of the u. S. Dollar or the british pound for that matter since were talking about the bank of england an intrinsic value of a commodity is the value that the product possesses and of itself it doesnt require any additional horse to provide it with value so were talking about like sweetness is an intrinsic val
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