The President of the Federal Reserve Bank of Minneapolis says that the whole notion of digital assets can be discarded following the collapse of prominent crypto exchange platform FTX.
Fed President Neel Kashkari ເວົ້າວ່າ there is corruption in crypto that won’t end with the downfall of FTX as the entire industry is “nonsense” and has no real-life use cases.
“This isn’t [a] case of one fraudulent company in a serious industry. Entire notion of crypto is nonsense. Not useful for payments. No inflation hedge. No scarcity. No taxing authority. Just a tool of speculation and greater fools.”
This isn’t the first time Kashkari has sounded off against crypto. Last year, the Fed President said that Bitcoin (BTC), and basically all crypto assets, were fraudulent in nature.
ໃນເວລານັ້ນ, ລາວ ກ່າວວ່າ the fact that anyone can create a virtual currency with no legal repercussions renders them essentially useless.
“I was more optimistic about Bitcoin and crypto five or six years ago. So far what I’ve seen is 99%, 95% – let me be charitable – 95% fraud, hype, noise, and confusion.
You know, why is the dollar so valuable? Because the US government has a monopoly on producing dollars. If you go in your basement and you wanna start producing your own currency, the Secret Service is gonna come knock on your door and put you in handcuffs. There’s no barrier to you creating your own Bitcoin or me creating my own…
Some of them are complete fraud Ponzi schemes, where they pump it up, they dupe people into investing money, and then the founders rip them off.”
ຢ່າພາດການຫຼິ້ນໃຫ້ເກີນແມ່ນ - ຈອງ ເພື່ອໃຫ້ໄດ້ຮັບການແຈ້ງເຕືອນອີເມວ crypto ທີ່ສົ່ງໂດຍກົງໃສ່ກ່ອງຈົດ ໝາຍ ຂອງທ່ານ
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ການປະຕິເສດ: ຄວາມຄິດເຫັນທີ່ສະແດງຢູ່ The Daily Hodl ບໍ່ແມ່ນ ຄຳ ແນະ ນຳ ດ້ານການລົງທືນ. ນັກລົງທືນຄວນເຮັດຢ່າງດຸ ໝັ່ນ ເນື່ອງຈາກການລົງທືນທີ່ມີຄວາມສ່ຽງສູງໃນ Bitcoin, cryptocurrency ຫລືຊັບສິນດິຈິຕອນ. ກະລຸນາຮັບຊາບວ່າການໂອນຍ້າຍແລະການຄ້າຂອງທ່ານແມ່ນຢູ່ໃນຄວາມສ່ຽງຂອງທ່ານເອງ, ແລະການສູນເສຍໃດໆທີ່ທ່ານອາດຈະເກີດຂຶ້ນແມ່ນຄວາມຮັບຜິດຊອບຂອງທ່ານ. The Daily Hodl ບໍ່ໄດ້ແນະ ນຳ ໃຫ້ຊື້ຫຼືຂາຍຂອງຊັບສິນດິຈິຕອນໃດໆຫລືຊັບສິນດິຈິຕອລ, ຫລື Daily Hodl ເປັນທີ່ປຶກສາດ້ານການລົງທືນ. ກະລຸນາສັງເກດວ່າ The Daily Hodl ເຂົ້າຮ່ວມໃນການຕະຫຼາດເປັນພີ່ນ້ອງກັນ.
ຮູບພາບທີ່ໂດດເດັ່ນ: Shutterstock / Mirexon / Nikelser Kate
Source: https://dailyhodl.com/2022/11/20/fed-president-says-entire-notion-of-crypto-is-nonsense-following-the-controversial-implosion-of-ftx/