Opinion: What Ben Bernanke and other bitcoin skeptics get wrong about crypto – even after this latest crash
Ben Bernanke, former chairman of the Federal Reserve, has been a vocal skeptic on bitcoin BTCUSD, + 0.08%. He stated that the cryptocurrency has no underlying value and cannot act as a store of value, which renders it not credible as a currency. “If bitcoin were a substitute for fiat money, you could use bitcoin…