Jerome Powell: “People use #Bitcoin as a speculative asset. It’s just like gold, only it’s digital.”
Powell and company can keep trotting out this trope but the data is clear and becomes more overwhelming every day; there are millions of people around the world who use bitcoin as their primary savings technology and send bitcoin payments to purchase things. MILLIONS.
Nostr’s circular bitcoin economy is a direct affront to the notion that bitcoin is purely speculative.
MartyBent / Marty Bent
npub1gu…y6hjy
2024-12-04 19:55:21
Author Public Key
npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjyPublished at
2024-12-04 19:55:21Event JSON
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"content": "Jerome Powell: “People use #Bitcoin as a speculative asset. It’s just like gold, only it’s digital.”\n\nPowell and company can keep trotting out this trope but the data is clear and becomes more overwhelming every day; there are millions of people around the world who use bitcoin as their primary savings technology and send bitcoin payments to purchase things. MILLIONS.\n\nNostr’s circular bitcoin economy is a direct affront to the notion that bitcoin is purely speculative. \nhttps://m.primal.net/MnhQ.mov",
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