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WEBFI-TECH-Gravitas: Bitcoin could become “worthless”, Bank of England Warns



The Deputy Governor of the Bank of England has issued a warning. Sri Jon Cunliffe has said bitcoin could be worthless, and investors should be prepared to lose everything. Palki Sharma tells you more.

#Gravitas #Bitcoin #BankOfEngland

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35 Comments

  • S on December 23, 2021

    Hey palki waiting for bit coin to go back to a rupees which will never happen.. i have a request for your channel why dont you all shed some lights on Rothschild and explain the people about this particular family and history.. whatever on internet is there isnt ever published by a news channel may be u all will be the talk of world once u put an video on it would love to know the facts

  • seawit on December 23, 2021

    The problem with cryptocurrency is their value is based on regulated money. With the regulated money, how much is bitcoin and other crypto actually worth? And when it's decentralized, it would be difficult to buy anything, because it's worth would change from person to person or group to group within countries. I could see exchange rates keeping people trapped within certain areas of groups.

  • Hari on December 23, 2021

    They don't need anything to be backed by, They're complete in themselves. That's the beauty.

  • BTC on December 23, 2021

    everything said in that video is completely wrong about BTC

  • super man on December 23, 2021

    crypto is good but the biggest problem of crypto is for the use of money laundering.For that not to happen government should come up with new crypto of its own so that all these crypto don't have value

  • Randall Debow on December 23, 2021

    They have no right to regulate crypto why are we the people still just standing around letting the man do whatever they want uncontested

  • Randall Debow on December 23, 2021

    The main problem with regulations is different countries or territories are going to regulate in different ways lets say i live in California and in the us there is a regulation that interferes with my business in Brussels now my currency is legally useless. When it comes to regulations just say no

  • Andy C on December 23, 2021

    LOL THIS IS A JOKE RIGHT?

  • vinm300 on December 24, 2021

    Highly unlikely.
    The more money you pay for a forgery, the more you want to believe it is real.
    Even if it falls 80%, devotees will still hold on to it.

  • James Henry Smith on December 24, 2021

    I don't know. I mean the cryptocoin creators could become short tomorrow or end up in a jail somewhere.

  • Sophie Beren on December 24, 2021

    Mrs Charlotte's is legit and her method works like magic I keep on earning every single week with her new strategies

  • Red Ore on December 24, 2021

    When its value is lower more people seems like to buy and hold it. With such mechanism it is barely impossible to be worthless. Even trash has value to business minded.

  • Soundar IITD on December 24, 2021

    I always said that bitcoin is just baseless… Those who made fortunes are lucky… It will eventually become zero

  • Marcel gombault on December 24, 2021

    Firs bitcoin was created by someone nobody has ever seen. In 2018 bitcoin already mined 17 million bitcoins, in 2017 the mined bitcoin was 16 million. now at the end of 2021 they already mined 19 million. But this in 2018 from a CNBC website: (Due to rules behind the “mining” process, the remaining 4 million coins aren’t expected to be mined completely for another 122 years.) All you bit coiners can do the maths, and ask how is this possible, all you have now is numbers in your wallet and for now you can exchange it for dollars. But like any Ponzy its when the shit hits the fan and the exchange back to Dollars don't work. Every bit coiner should ask himself how are they going to mine the last 2 million for 122 years and no Satoshi Nakamoto, or someone to take responsibility for your investment?

  • Mark Hancher on December 24, 2021

    CARDANO / ADA is FUTURE PROOF = Holy Grail of Crypto . CARDANO COLLECTIVE

  • Mark Hancher on December 24, 2021

    BANKS are tricking us they want to scare you out market then buy it up !!!

  • Ferrel Brendan on December 24, 2021

    anything can become worthless tbh

  • Giblets Lucy★ on December 24, 2021

    Mrs Claudia Walter's and her method work like magic I keep on earning every single week with her new strategy😀

  • wiki leaks on December 24, 2021

    Lol, wana buy in dip lol

  • Steve Johanson on December 24, 2021

    How can something become worthless that is already worthless ?

  • Steve Johanson on December 24, 2021

    BITCOIN — ⚠️ BANK OF C.I.A. ⚠️

  • Karen O on December 24, 2021

    The Central banks are terrified of cryptocurrency. Crypto is decentralized. NO ONE CONTROLS IT. It is on blockchain. No one can take it down. It is run by thousands of node administrators who vote. Bitcoin has a finite limit, unlike central banks who print "money" and devalue it to create inflation. Central Banks control the world through unelected "leaders" who dictate world policy. Even Trump fears it. What kind of world is it where El Salvador could buy oil without first buying US dollars?

  • MJ Hussain on December 24, 2021

    Modi talking about corruption . Hahahahahahaha

  • Suhail Ahmed on December 24, 2021

    Wion time for you to spread positivity. How many programs have you done mentioning the value of bitcoin or it’s use

  • Evan Foster on December 25, 2021

    Central bank issued currencies have lost at least 99% of purchasing power over the decades, some more (zimbabwe, waimar )
    Bitcoin 'might' go to zero state issued currencies are guaranteed to due to inflation policies

  • Wick van Schalkwyk on December 25, 2021

    As if art, a splash of paint, selling for millions are any different. This is just banks loosing control. Open free trade with decentralised coins.

    All Gov wants is tax, which is basically theft. Personal tax is unconstitutional.

  • Andy Sisaran on December 25, 2021

    Banks have robbed us for years. Now crypto will bring banks down

  • Andy Sisaran on December 25, 2021

    You will own nothing but be happy… unless you have crypto

  • PG-M-006 Sahnowaz Ullah on December 25, 2021

    A Bitcoin is an example of Fiat money, a category of currency that hoards value by virtue of the trust of the investors… It isn't backed by any commodity… Like gold, silver, etc.

  • Paul Pettitt on December 25, 2021

    What else would the Fed say ? Buying on the blockchain BIG NOW ! Banks are screwed , could not be more obvious 🇦🇺🌞

  • kalki on December 25, 2021

    2030 1 Bitcoin price 2 usd

  • Tagan Rose on December 25, 2021

    When it comes to the world of investing,most people don't know where to start. Fortunately, great investors of the present and investors of the past can provide us with guidance on how to invest 🙏🙏

  • Mile Kragulj on December 25, 2021

    Anything is possible with YouTube economy diploma. 4 days. Easy.

  • David Arulnathan on December 25, 2021

    All Central Banks are going to Zero….their Fiat is going to Zero…..money in the hands of the government is like a noose around the neck of the common man!!

  • XE4 kag drone SA Iloilo on December 25, 2021

    Yes

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