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| Does Bitcoin have intrinsic value? Speaking in the National Assembly on Feb. 23rd, Bank of Korea Governor Lee Ju-yeol has said that crypto assets like Bitcoin have no intrinsic value – put simply, a measure of what an asset is actually worth.
Lee believes that rising corporate interest in BTC, as well as concerns over looming excessive inflation due to too much fiat money printing by world governments, has given the crypto a leg up.
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In the news Bill Gates neutral on BitcoinThe vocal Microsoft founder is no longer a Bitcoin bear, declaring he has taken a neutral stance on bitcoin as an investment. Binance temporarily suspends Ethereum and ERC-20 token withdrawals Reversing its earlier decision and restoring service in an announcement only 37 minutes later, traders were quick to pile on with criticism. At the end of December, the Carolina Panthers offensive lineman, Russell Okung told the public he would be getting half his $13 million salary paid in Bitcoin. “I stack sats, [the] price goes up, I stack some more, [the] price goes down and stack again,” Okung tweeted recently, “This isn’t financial advice."
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