Banks and Fiat against Cryptocurrencies and Bitcoin
The new chairman of the U.S. Federal Reserve Jerome Powell, have answered some questions about cryptocurrencies in his testimony before the House Financial Services Committee on Wednesday.
obviously he did not think good things about cryptocurrencies, he said the it is risky and it is a money laundry tool, there is no promise behind it, it has No Intrinsic Value, Not a Store of Value... etc.,
Sincerely, to me, it seems like asking a hotel chain CEO what does he think about Airbnb
or a Taxi company owner, what does he think about Uber
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