The 16th and current Chair of the US Federal Reserve has acknowledged that bitcoin is a store of value, just like gold. According to him, the cryptocurrency is far from achieving mass adoption but people do use it as a store of value.
Bitcoin Is a Store of Value
Jerome Powell, who is the 16th and the current Chairman of the US Federal Reserve, has weighed in on what’s perhaps one of the biggest discussions amid the cryptocurrency community.
According to the high-ranked official, Bitcoin is far from achieving mass adoption as a
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