The FUD Goes On… BofA CTO and Noted Economist Try (and Fail) to Call Out Bitcoin and Cryptocurrencies

While Bitcoin and the cryptocurrency market goes through what some might consider a healthy pullback, two figures in the world of traditional finance have taken yet another shot at Bitcoin and cryptocurrencies. &#8216;Designed to be Not Transparent&#8217; Bank of America&#8217;s chief technical officer, Cathy Bessant, believes cryptocurrencies are preventing authorities from catching criminals and bad actors. She explained on CNBC&#8216;s &#8220;Squawk Box&#8221; on Thursday: As a payment system, I think it&#8217;s troubling, because the foundation<br />Read More<br />The post The FUD Goes On&#8230; BofA CTO and Noted Economist Try (and Fail) to Call Out Bitcoin and Cryptocurrencies appeared first on Bitcoinist.com.

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