Yesterday, during an interview, the current president of the Fed, Jerome Powell, stated that Bitcoin in the financial markets is like gold.
BREAKING: Fed Chair Jerome Powell says #Bitcoin is a competitor to gold, not the US dollar. pic.twitter.com/YQHFiThTBo
— Bitcoin Magazine (@BitcoinMagazine) December 4, 2024
Powell had never previously expressed himself in such a clear and explicit manner about Bitcoin.
The words of Powell on Bitcoin and gold
Yesterday Powell was interviewed by CNBC journalist Andrew Ross Sorkin during the DealBook Summit 2024 of the New York Times.
The interview lasted about half an hour and covered various topics, but Ross Sorkin focused on the crypto world at least a couple of times.
To a specific question about Bitcoin, Powell responded by saying that people do not use BTC as a means of payment, but as a speculative asset.
Then he added there is Bitcoin is like gold, only it is virtual and digital.
What he meant to say is that in the fi
We współpracy z: https://en.cryptonomist.ch/2024/12/05/jerome-powell-fed-bitcoin-is-like-gold/
