![]() ![]() To put a finer point on it, over the past 12 months bitcoin has registered 8 corrections, defined as a decline from a recent peak of at least 10% but not more than 20%, and two bear markets, which are defined as falls of 20% or more, according to Dow Jones Market Data. ![]() Using a volatile asset in exchange for goods and services makes little sense if the asset can tumble 10% in a day, or surge 80% over the course of a two months as bitcoin has done in 2021, critics argue. However, Yellen’s assessment of bitcoin as a inefficient medium of exchange is an important point and one that has already been raised in the past by bitcoin bulls. There are a few various ways to discover new things to watch on Netflix. ![]() If there are many profiles on your account, select the one you’d like to use. Enter the email address and password of your Netflix account. Yellen’s comments have been cited as a reason for bitcoin’s recent losses. To sign in to your Netflix account, go to in your browser, then click on sign in. It’s an extremely inefficient way of conducting transactions, and the amount of energy that’s consumed in processing those transactions is staggering,” the former Fed chairwoman said. “To the extent it is used I fear it’s often for illicit finance. ![]()
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