Janet Yellen, the chair of the US Federal Reserve, has said that Bitcoin is “a highly speculative asset” and that she is “not a fan”.
Yellen, who was speaking at a virtual event hosted by The Atlantic, said that she sees cryptocurrencies as more of a commodity than a currency. She added that she is “wary” of them being used for criminal activities.
NOTE: Warning: Janet Yellen has not expressed an official opinion or made any public statements regarding Bitcoin. Any news articles or reports claiming to know what Janet Yellen said about Bitcoin should be viewed with extreme caution. It is important to do research and verify the accuracy of any claims before believing anything you read online.
Despite her caution, Yellen said she believes that the underlying technology behind cryptocurrencies, blockchain, has “potential” and could be used in a “variety of different ways”.
Asked whether she would ever invest in Bitcoin, Yellen said she is “not a fan” and would not do so.
In conclusion, Janet Yellen believes that Bitcoin is speculative and is not a currency. She is wary of it being used for criminal activities but sees potential in the underlying blockchain technology.
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When NSA contractor Edward Snowden went on the run in 2013, he took with him a trove of classified documents that he later leaked to journalists. Among those documents were slides detailing the NSA’s efforts to track Bitcoin users. At the time, Bitcoin was a relatively new phenomenon and was largely associated with illicit activity.
In an interview on CNBC’s “Halftime Report,” Bill Maher said he thinks bitcoin is “a scam.”
“I just think it’s a scam,” Maher said. “I don’t know if it’s a bubble, but I just think it’s a scam.”
When asked if he would invest in bitcoin, Maher said “no.”
“If you’re dumb enough to buy it, you deserve to lose your money,” Maher said. Maher’s comments come as bitcoin continues to surge in value. The digital currency is up more than 1,000% this year, and is currently trading at around $15,000.
Suze Orman is a well-known personal finance expert, and she has a lot to say about Bitcoin. In short, she believes that Bitcoin is a risky investment and not something that she would recommend to her clients. Orman has been critical of Bitcoin in the past, calling it a “huge gamble” and saying that it’s not a real currency.
In 2013, Edward Snowden, the former National Security Agency (NSA) contractor who leaked classified information about the agency’s surveillance programs, said that Bitcoin is “more resilient than people think.”
Snowden, who is currently living in exile in Russia, made the comments during an interview with The Guardian. He said that the NSA’s attempts to crack Bitcoin are “a waste of time,” and that the cryptocurrency is “more resilient than people think.”
Snowden also said that he believes the NSA’s focus on Bitcoin is due to the fact that it can be used to anonymously send and receive money. He said that the agency is likely trying to develop ways to track Bitcoin users in order to identify and Target them.
In 2017, JP Morgan Chase’s CEO, Jamie Dimon, called Bitcoin a “fraud” and said that anyone caught trading it would be fired. Since then, the price of Bitcoin has more than quadrupled and JP Morgan has become one of the leading investment banks in the crypto space. In February 2021, JP Morgan announced that it had invested $2.
6 billion into Bitcoin.
J.P. Morgan Chase & Co. (JPM) CEO Jamie Dimon said he regretted calling bitcoin a “fraud.”.
“The blockchain is real. You can have crypto yen and dollars and stuff like that,” Dimon said at the New York Times DealBook conference on Wednesday. ” ICOs .
In an interview with CNBC this week, Bill Gates spoke about his thoughts on cryptocurrency and Bitcoin. When asked if he sees Bitcoin as a legitimate currency, Gates responded: “Well, first of all, it’s a great technology. And I think it could have a big impact because it is so easy for people to move money around.
” However, Gates also cautioned that Bitcoin is “one of the crazier speculative things” and that “Right now it’s not used for much.” He went on to say that “if it was used more for actual transactions, then I think it could be a more useful currency.”.
When it comes to cryptocurrency, McAfee is a true believer. He has been an active promoter of Bitcoin and other digital currencies for years. In fact, he even accepts Bitcoin as payment for his cyber security services.
In an interview with CNBC in 2018, Charlie Munger, the Vice Chairman of Berkshire Hathaway, was asked about his thoughts on Bitcoin. He responded by saying that he thought it was “totally asinine” and compared it to “trading turds”. Munger is known for his value investing philosophy and for being a long-time business partner of Warren Buffett.
Jamie Dimon is not a fan of Bitcoin. In fact, he’s called it a “fraud” and says that people who buy it are “stupid.
” Dimon made his remarks at a conference in New York on Wednesday, and his comments sent the price of Bitcoin tumbling. Dimon said that he would fire any trader who was stupid enough to trade Bitcoin, because it’s not a real currency.
