FED chair Jerome Powell says cryptos such as Bitcoin still too volatile to replace the US and deemed it a speculative asset. $BTC enjoyed price surges this year as major companies adopted and invested in the token.
What are your thoughts?
Hmm, let's see:
Bitcoin volatility? ☑
Speculative asset? ☑
Will not replace the $ ☑
So I don't think that there's something new about FED chair Jerome Powell's statement about
BTC.
They still didn't know what bitcoin or crypto in general offers to us.