“Bitcoin buyers should be prepared to lose all their money, top UK regulator warns”- CNBC | $16,547.58

Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), told BBC’s “Newsnight” on Thursday, “If you want to invest in bitcoin, be prepared to lose all your money.”

Bailey said a lack of backing from governments and central banks for the world’s most popular digital currency was evidence that putting money into bictoin was not a secure investment.

Eulogy made by Andrew Bailey

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