Yellen: Bitcoin often used for illicit finance; is inefficient

U.S. TREASURY'S YELLEN SAYS BITCOIN EXTREMELY INEFFICIENT FOR CONDUCTING TRANSACTIONS, IS A HIGHLY SPECULATIVE ASSET

— 4XInsight (@4xInsight) February 22, 2021

Treasury Sec. Yellen:
- Digital currencies could lead to faster and cheaper payments
- Many issues still need to be studied
- Bitcoin is a "highly speculative asset" and is "extremely inefficient" for conducting transactions$USD $BTC

— DailyFX Team Live (@DailyFXTeam) February 22, 2021