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Bitcoin's days are numbered, warns Bank of England governor

From thisismoney.co.uk

Bitcoin and other existing crypto-currencies will not last as technology develops, Bank of England governor Andrew Bailey has warned. Speaking on a panel about digital currencies at the World Economic Forum's online Davos Agenda, Bailey said that digital innovation in payments was 'here to stay'. But he said that crypto-currencies in their current state were not likely to be the final settling point, as businesses, consumers and regulators would look for digital currencies which are stable, safe and well-designed before fully shifting away from traditional currencies like the pound and dollar. Bailey said: 'Are ... (full story)

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