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Monday, Sep 20, 2021

US Lawmaker Warns Treasury Secretary and Fed Chair Not to Ignore Bitcoin or America Will Fall Behind

US Lawmaker Warns Treasury Secretary and Fed Chair Not to Ignore Bitcoin or America Will Fall Behind

Congressman Kevin McCarthy has urged Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell not to ignore bitcoin like they have been trying to do. He believes it is the future, emphasizing, “I do not want America to fall behind” other countries.
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Oh ya 153 days ago
He must own a bunch of them because can anyone explain to me what gives it value? what is it backed by? and how does the price move other than buying and selling to a greater fool. Its price moves are the same as the stock market price moves. It just dropped 8 grand, a stable medium of money does not do that
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