The president and CEO of the Federal Reserve Bank of Minneapolis, Neel Kashkari, has expressed concern about consumer risk due to “fraud, hype, and confusion” surrounding bitcoin. Moreover, he said the cryptocurrency has been around for more than a decade but “there’s still no legitimate use case in an advanced democracy.” ‘I Am Worried From […]
Original
Related posts
-
Spot Bitcoin ETFs See 7 Consecutive Days Of Outflows, Here’s What Happened Last Time
Spot Bitcoin ETFs have entered another disturbing trend, recording outflows for one week straight. These outflows... -
Bitcoin Price Reaches Rejection Zone: Can It Overcome the Resistance?
Bitcoin price recovered above the $62,000 resistance zone. BTC must clear the $62,500 resistance zone to... -
Peter Schiff Predicts Further Bitcoin Plunge Ahead of Mt Gox Payouts — Declares BTC in Official Bear Market
Economist and gold advocate Peter Schiff has highlighted bitcoin’s recent decline, declaring the cryptocurrency “back in...