In a recent interview with Bloomberg, Bank of Japan’s Governor Haruhiko Kuroda questioned Bitcoin’s usefulness as a medium of exchange. Furthermore, Kuroda is also doubtful whether Bitcoin a good investment option.
Kuroda explained,
Moreover, as per the governor, Bitcoin is barely used as a means of payment. However, the on-chain data from YCharts speaks otherwise. YCharts revealed that Bitcoin had over 218,000 individual transactions on Friday, which is half of its peak in January 2021.
On another note, these numbers are far from Ethereum which is the world’s most-used blockchain. Of note, …
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Source: Cryptocurrency - investing.com
