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Federal Reserve Pres: People Want Dollar, Not Volatile Crypto

  • Published on: May 16, 2018 - 8:36 AM
  • Source: Bitcoin.com

Federal Reserve Pres: People Want Dollar, Not Volatile CryptoSt. Louis Federal Reserve President, James Bullard, was recently interviewed at this year’s Consensus conference in New York City. That a top US economic policy maker was in attendance is victory enough; however, he was asked his opinions on cryptocurrency going forward by CNBC Global Markets Reporter Seema Mody. He explained he found the phenomenon “interesting,” and how more cryptos being issued all time necessitates keeping an “eye” on them. Mr. Bullard also compared the use case for cryptocurrencies with that of the dollar, and whether the former posed a threat to the latter.   …

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