Janet Yellen single-handedly obliterated the value of your bitcoin

<p>In recent comments about Bitcoin, Treasury Secretary Janet Yellen says that Bitcoin is a highly inefficient asset that is often involved in illegal activities. &nbsp;Yellen also says that Bitcoin leaves a massive carbon footprint and isn't being used for transactions on a regular basis. &nbsp;&nbsp;Yellen's remarks about Bitcoin drove the price down, with Bitcoin trading at just $53,000, after a recent surge in the price that occured last week. &nbsp;The reason for Yellen's odd remarks about bitcoin seem to center around the fact that the government plans to offer an alternative digital currency to replace #bitcoin. &nbsp;So, her remarks about bitcoin being dangerous, volatile, illiquid and illicit appear to be driven by ulterior motives.</p>