Bitcoin (BTC) While the status of cryptocurrencies such as San Francisco Fed President Mary DalyHe said that cryptocurrencies do not yet have currency status and should be seen as a separate asset class.
US San Francisco FED President Mary Daly compared cryptocurrencies to gold in an interview with Yahoo Finance.
Stating that cryptocurrencies and gold are not the same, Daly emphasized that cryptocurrencies should not be seen in the same class as gold and should be classified as a separate asset class.
Daly stated that cryptocurrencies have a versatile structure and added that a clear definition is needed.
“I see cryptocurrencies as a complex thing and the service we need to provide for everyone is to clearly define what they are.
Cryptocurrencies can be a medium of exchange. It could be a stock (an asset that maintains its value or sometimes loses value.)
That’s why I don’t think cryptocurrencies are like gold. “Sometimes it has properties like gold, but I think it has fundamentally different properties than gold.”
Daly, Fed Chairman Jerome PowellHe stated that he agreed with ‘s opinions that cryptocurrencies do not yet have currency status. However, Daly added that for cryptocurrencies to achieve such a status, their value must be compatible with economic growth.
Daly’s perspective contrasts with that of Powell, who at the New York Times DealBook conference described Bitcoin as a speculative, highly volatile digital asset more akin to gold than the dollar, noting its limited use as a payment method or a stable store of value.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/ust-duzey-fed-uyesi-kripto-paralar-hakkinda-konustu/
