Fed Chair Suggests Bitcoin Is Gold’s Biggest Competition

0
5

In a remarkable admission during his testimony to Congress, Federal Reserve Chair Jerome Powell admitted that bitcoin is used as an alternative to gold, conceding that BTC is a store of value. He said before the Senate: "Really, almost no one uses bitcoin for payment, they use it more as an alternative to gold really. […]

The post Fed Chair Suggests Bitcoin Is Gold's Biggest Competition appeared first on CCN Markets

Continue reading Here