Ex-Fed Chair Yellen Rants Against Bitcoin: “I Am Not a Fan”7.38

Janet Yellen, former Chair of the Federal Reserve, shared her dislike of Bitcoin in a five-minute speech at CFA Montreal. The ex-central banker mentioned its little transactional volume, connection to terrorist activities as well as money laundering, and inefficiencies for the purpose of processing payments.

A video shared by Francis Pouliot on Twitter showed former Fed Chair Yellen ranting against Bitcoin to a number of attendees at the chartered financial analysts’ meeting CFA Montreal. Pouliot notes:

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