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Friday, March 2, 2018

Sheila Bair says bitcoin has no intrinsic value — but neither does the dollar

Former FDIC chair Sheila Bair isn't too worried about the mania surrounding cryptocurrencies, and sees no reason why bitcoin and its brethren should be outlawed. 'I don't think we should ban it — the green bills in your pocket don't have an intrinsic value, either. The value is based on what others think ...

from Google Alert - Bitcoin http://ift.tt/2oJYLar

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