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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.47-0.2%Dec 5 4:00 PM EST

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To: TobagoJack who wrote (139535)3/1/2018 2:13:40 PM
From: bull_dozer  Read Replies (1) of 218197
 
Sheila Bair on Bitcoin: "We Shouldn't Ban It: The Green Bills In Your Pocket Don't Have Intrinsic Value, Either"

Don't put any money into bitcoin that you can't afford to lose. But 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 is its value. That's true of any currency. Regulation should be focused on good disclosure, education, warding off fraud, and making sure it is not used for illicit activities. Let the market figure out what it's worth. That is what it is doing now.

zerohedge.com
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