Former deputy governor, BOE believes Bitcoin can drop to zero. I wonder what his opinion is at the moment.
"Their price can vary quite considerably and they could theoretically or practically drop to zero." Jon Cunliffe saiid.
And what's the different between theoritical and practical drop to zero for BTC?
Can the price theoritically drop to zero but practically trade above $40k. Kinda confusing.
That is why he is deputy now because he has no value in His job so what can you expect from Him?
or maybe he call bitcoin like that because he has no funds to invest nor he wanted to bring the value low so he can finally purchase in so cheap value?