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Cryptocurrencies: 22845
Markets: 83121
Market Cap: $1,975,203,902,777     
24h Vol: $64,901,144,366
Seeking Alpha 2021-02-10 17:01:07

Bitcoin roundup: GM's Mary Barra not interested, Twitter's CFO interested, BoC's Timothy Lane trashes

Bitcoin roundup: GM's Mary Barra not interested, Twitter's CFO interested, BoC's Timothy Lane trashes
We've apparently reached the point in the cycle where nearly every corporate executive will be asked if they're considering an investment in Bitcoin (BTC-USD).Speaking following Q4 earnings results earlier today, GM CEO Mary Barra says her company has no plans to invest in Bitcoin.Interviewed on CNBC after Q4 results, Twitter CFO Ned Segal is a bit more constructive, saying his company has put in a good deal of work considering how it might pay employees or vendors in Bitcoin, and whether the crypto ought to be on the balance sheet. CEO Jack Dorsey, of course, is a big fan of Bitcoin and has put it on the balance sheet of Square.Meanwhile, Bank of Canada Deputy Governor Timothy Lane - speaking about the future of payments - calls the rise in the value of Bitcoin a "speculative mania," and says cryptos do not have "a plausible claim to be the future
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