BREAKING: The Fed Has Substantial PROBLEMS w/ Cryptocurrency | DO NOT IGNORE

That is why, Charles is building CARDANO with interoperability. Don’t you understand people?

​@Altcoin Daily how do you interoperate your bitcoin to a central bank? There is no any side-chain to do that! That is why feds do not seem to find any solution to interoperate digital currencies to the central Bank. Look at Cardano, they already have a plan and foundation for central banks to easily interoperate, though the actual product is yet to be released. That is why i always followed CARDANO rather than Bitcoin, which is nothing but a store of value.

old farts their time is over they have lost control that is all they are worried about

“what happens with banks is people deposit their money and banks lend the money out”
Still pushing that one, hay? Obviously he knows that’s untrue and clearly what he’s states publicly is not the same as what he actually thinks behind closed doors. I think he/they probably have an entirely different view of Bitcoin in private too.

1:28 yeah btc can’t be re-produced pal! lol

He will be out of a job soon.

“We don’t believe its good to have a settlement currency for the public”.
Luckily they don’t get to dictate what the public chooses.

Off course they will say that.. Imagine if they say the opposite then everyone will empty the banks and everyone will be running to cryptocurrency. . Have you ever picture a situation like that.. the financial system will collapse.. What I see is banks are asking Powell to make a statement of this kind to keep people away from cryptocurrency. As always follow the money not what they say.. at the moment the are already positioning themselves.. not an average person can understand that but we do and hope you are one of those..

Do we really this Fudsters involved, we have been doing pretty well before this. Banks also, doing you this huge favor by holding your money for 0.25% and lending your money out for 8%. Pfft!!!

Mychal Lopez : with the 5-6 billion people in the world we’ll have by 2030, how will people be paid or receive loans for business development etc(?) I’m not sure how crypto community answers this problem without some form of regulation

They say they are monitoring it and yet don’t understand some basic things, such as:
1. Do they not understand that blockchain solved the double spend problem?
2. Do they not know about DeFi stuff on Ethereum and companies like Blockfi that offer banking services?

The fed will be shut down there will be an event to take place and they will have a bank holiday or a cyber attack they have to shut down banks over the weekend. Then you’ll have 72 hours to get your stuff together. Next term trump announced ripple as the us currency wait and see. Remember this post.

Annika_green I hope with ripple network. Xrp gets used aswel

Heidi Yodel Haha, yes they do. But only to the normies 😁

Absolutely correct!!!

What he really means: ‘We’re going to keep fooling you peasants with this fractional Reserve System as long as you let us steal your money right from under your nose!’

“BBBut… Math!”
“What will happen if they learn to count numbers?” “We need will MORE $ for Pubic Schooling…”

Absolutely 👍🏼

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