in foreign currency reserves. Lummis was replying to a question by the panel moderator Matt Sandgren, executive director of the Hatch Foundation, who hosted the panel on the future of the crypto economy.
"For a lot of political, economic reasons, I think that it's best to keep the Fed's balance sheet, which it isn't currently, [but] it needs to move more in that direction — [that is] entirely treasuries," said Quarles. "Bitcoin is digital gold. It's hard money. There will only be 21 million ever produced," she said on the panel.
Thank god the fed is independent
growing101QC Nexo otherwise the will not be the super power they think the are!
Powerful stuff…
Yogita_Khatri5 That would be stupid - it doesn't work.
Yogita_Khatri5 I would only agree The Federal Reserve buy Bitcoin, if no politicians were allowed to own it themselves.
Yogita_Khatri5 Here is a good side by side comparison between Litecoin and Bitcoin. Gold and Silver of cryptocurrency is BTC and LTC
Yogita_Khatri5 Does SenLummis even care about usa citizens and energy poverty?
Yogita_Khatri5 It is the trendy political thing to say. Elections2022 . Take this with a grain of salt
Yogita_Khatri5 Despite these pullback we’ve had not quite long am still confident Bitcoin sees another high soon this year. However everyone should follow Sotb12c tweets and predictions I’ve been holding firmly Follow her
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