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RE-TRANSMISSION: Netcoins ca Reacts to Bank of England Governor Andrew Bailey Scare Tactics over Bitcoin

RE-TRANSMISSION: Netcoins.ca Reacts to Bank of England Governor Andrew Bailey Scare Tactics over Bitcoin ACCESSWIRE 21 May 2021, 23:05 GMT+10 VANCOUVER, BC / ACCESSWIRE / May 21, 2021 / Netcoins.ca, a subsidiary of BIGG Digital Assets (CSE:BIGG)(OTCQX:BBKCF), reacted to a recent announcement by a Governor of the Bank of England that Bitcoin assets have no intrinsic value. According to this CNBC article, Bank of England Governor Andrew Bailey stated that investors in the various digital currencies should only Buy them only if you re prepared to lose all your money. Netcoins disagrees strongly with this statement, and believes the future of crypto is a safe, compliant and regulated environment. While any investment involves risk, and the bitcoin market may seem volatile at times, Netcoins.ca has programs in place to make the process transparent and less intimidating than other investments. One of these efforts involves educating users with their How to Buy Bitcoin initiative t

Bitcoin tumbles to lowest level since February after Chinese crackdown

The People s Bank of China s said financial and payment institutions should not accept cryptocurrencies as payment or offer services and products related to them.  Three state-backed organisations – the National Internet Finance Association of China, the China Banking Association and the Payment and Clearing Association of China – also issued a warning. They said consumers would have no protection if they lost from cryptocurrency investment transactions, adding that the virtual currency is not a real currency . And they warned that recent wild swings in prices seriously violate people s asset safety and are disrupting the normal economic and financial order . The Chinese have historically taken a hard line on cryptocurrency trading, worried that it encourages money laundering.

Five myths about cryptocurrency - The Washington Post

Five myths about cryptocurrency - The Washington Post
washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.

ECB VP says crypto has weak fundamentals and is not a real asset amid 30% dip

ECB VP says crypto has weak fundamentals and is not a real asset amid 30% dip
cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.

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