Mark Carney: Bitcoin could not become a currency

According to Mark Carney, the Governor of the Bank of England, Bitcoin "suffered a serious setback" as a currency in accordance with traditional standards.

So, according to the banker, the crypto currency does not have enough value and purchasing power to stand on a par with other currencies.

In his speech at the event at the University of London, Regent's Carney stressed that Bitcoin "can not cope" with the traditional aspects of money.

Mark Carney: The blockade has potential

Digital currency does not have a stock of value, as it is distributed around the world. And, in addition, according to the economist, "no one uses" Bitcoin as a means of exchange.

However, Carney, like most critics of the crypto currency, has responded positively to the technology of blocking, which, he said, could prove useful in verifying decentralized financial transactions, reports Reuters.

Earlier it became known that the Bank of England refused to create own digital currency in connection with possible negative consequences for the country's economy.

Author: Vasilisa Ming, Analyst Freedman Club Crypto News

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