Bitcoin ‘not going to take over as an alternative form of money’: Ben Bernanke

Ben Bernanke, former chairman of the Federal Reserve, said that he doesn’t think bitcoin would take over “as an alternative form of money.”   Bitcoin
and other cryptocurrencies have been “successful as a speculative asset,” Bernanke said in an interview with CNBC’s Squawk Box that aired Monday morning. “You are seeing the downside of that right now,” Bernanke said. 

Bernanke made the comment after…
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