Bitcoin Criticism by US Treasury Secretary Janet Yellen

US Treasury Secretary Yellen stated that the leading cryptocurrency Bitcoin is risky for retirement savings.

Bitcoin Criticism from US Treasury Secretary Janet Yellen. Commented on crypto assets. Alerting citizens about the leading cryptocurrency, Yellen stated that Bitcoin should not be included in retirement plans. Describing Bitcoin as a “very risky investment,” Yellen said, “It's not something I would recommend to most people saving for retirement. It is a very risky investment in my opinion.” Yellen's warning came after the statements of Fidelity, one of the leading investment management companies. Fidelity recently announced a service where employees can add Bitcoin to their retirement plans if their employers allow it. The US Department of Labor also reacted to the service, and the institution stated that the cryptocurrency field is not that mature yet.       Source: Coinkolik