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Former Federal Reserve Chair Ben Bernanke is issuing a warning to Bitcoin (BTC) investors.

In a new CNBC interview, Bernanke says Bitcoin faces two existential risks from lawmakers and governments.“One of the other risks that Bitcoin has is that it could, at some point, be subject to a lot more regulation. And the anonymity is also at risk, I think, at some point. So investors in Bitcoin should be aware of that.”

The former Fed chair says that Bitcoin and other cryptos have failed in their initial mission.

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