Did Jerome Powell Just Say Cryptocurrency Have Staying Power? Hedge Against Inflation?

2023-6-22 10:08

Federal Reserve Chairman Jerome Powell’s recent acknowledgment of cryptocurrency’s staying power as an asset class in the U. S. economy carries significant implications. Firstly, his statement indirectly suggests that cryptocurrency can potentially serve as a hedge against inflation, given its durability as an asset class.

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cryptocurrency inflation against hedge asset powell jerome

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Creating A National Cryptocurrency Not in the Plans of Switzerland – Central Bank Director

While cryptocurrencies have the potential to facilitate lightning fast payments across borders, reduce the cost of minting fiat money and drastically put inflation in check, the Swiss Central Bank board director, Thomas Moser has declared that digital currencies still do not have what it takes to be a national currency.

2018-6-23 01:45


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