Cryptocurrencies Like Bitcoin Can't Replace the Dollar, Says New York Fed Chief Nominee

Twitter CEO Jack Dorsey predicted that Bitcoin will eclipse all the world's currencies in around 10 years . But the man nominated to be head of the New York Federal Reserve disagrees. In a speech Friday, the current San Francisco Fed President John Williams laid out a case for why cryptocurrencies, …
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Bitcoin is 'noxious poison', says Warren Buffett investment chief

Bitcoin is heading towards $ 10,000 again, despite comments from the US billionaire Charles Munger who described the digital currency as “noxious poison”. Munger, the vice-chairman of Warren Buffett's investment firm Berkshire Hathaway, said he considered the bitcoin craze to be “totally asinine”.
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