The_Greek That is not specific to crypto though. That is any asset. Not sure why you are singling it out. Everything has a value of what people are prepared to pay. If some fool is prepared to allow you to make a 13k profit in sterling then the government will want their cut.
What the BoE are saying is that although there is apparent value, which allows you to make a profit in GBP, there is no intrinsic vale and that apparent value could crash at any point.
