Thursday 18 January 2018

Bitcoin Poses No Threat to Dollar, Federal Reserve Official Says

Bitcoin Poses No Threat to Dollar, Federal Reserve Official Says

Bitcoin, whose ballooning market cap reached above $325 billion a month ago, is not a worthy opponent for fiat money, says Minneapolis Federal Reserve President Neel Kashkari. In fact, no single cryptocurrency could give the US dollar a run for its money, so to speak. Instead, they are more likely to tussle with one another as they jockey for position among the top 10 digital coins.
Read more: https://www.ccn.com/bitcoin-poses-no-threat-dollar-fed-official-says/?source=Snapzu

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