FED Chairman Jerome Powell Compares Bitcoin to Gold

Coinspeaker FED Chairman Jerome Powell Compares Bitcoin to Gold

Recently in a hearing with the Senate Banking Committee, Jerome Powell was talking about Facebook’s recent cryptocurrency project Libra and also commented on the number one cryptocurrency – Bitcoin. While saying that Libra raises a lot of regulatory questions and concerns such as money laundering, consumer protection, and financial stability, of course, he also mentioned that if Facebook’s Libra goes live, it becomes “essentially, immediately systemically important.”

Original source
https://www.coinspeaker.com/jerome-powell-fed-bitcoin-gold/

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