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Minneapolis Federal Reserve President: Never Met Anyone Who Bought Something With Bitcoin, Asserts The Cryptocurrency Is A “Terrible Inflation Hedge”

NewsTech

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Bitcoin Neel Kashkari Federal Reserve

The gloves are truly off. In what is nothing other than a scathing attack on the crypto sector in general and Bitcoin in particular, the Minneapolis Federal Reserve President, Neel Kashkari, has tried to bludgeon the very ethos of Bitcoin in a recent public talk. Yet, with the US Dollar losing ~90 percent of its value in relation to Bitcoin over the past 5 years alone, we would continue to recommend a hefty dose of caution and humility to the purveyors of our modern monetary system. ₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: President of the Federal Reserve Bank of Minneapolis Neel Kashkari explains why he […]

Read full article at https://wccftech.com/minneapolis-federal-reserve-president-never-met-anyone-who-bought-something-with-bitcoin-asserts-the-cryptocurrency-is-a-terrible-inflation-hedge/

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