Posted on Mar 22, 2021

Powell calls cryptocurrencies 'not really useful stores of value' and says Fed will move slowly

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"Federal Reserve Chairman Jerome Powell said cryptocurrencies are primarily 'a speculative asset.' He added that there’s no hurry to develop a central bank digital currency."

Powell calls cryptocurrencies 'not really useful stores of value' and says Fed will move slowly

Posted from cnbc.com

Posted in these groups: Bitcoin euro

Bitcoin Federal Reserve Board Double barred dollar sign.svg

Money

Finance

Posted >1 y ago

Responses: 1

COL (Join to see)

Posted >1 y ago

Hmmmm. Tell that to the crypto gazillionaires. What old accountant type would ever embrace such disruptive innovations. It’s like asking your great grandmother her opinion on thongs.

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Powell calls cryptocurrencies 'not really useful stores of value' and says Fed will move slowly

Powell calls cryptocurrencies 'not really useful stores of value' and says Fed will move slowly

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