China’s PBoC: ‘Bitcoin Has No Value’. Can Central Bankers Kill Bitcoin?

Bitcoin, and other cryptocurrencies “are not legal tenders and have no actual value support,” Deputy Director of the Financial Consumer Rights Protection Bureau of the People’s Bank of China, Yin Youping, said in the local Chinese language press on August 27.

Source: https://www.forbes.com/sites/kenrapoza/2021/08/31/chinas-pboc-bitcoin-has-no-value-can-central-bankers-kill-bitcoin/?sh=5511e052f35c