Federal Reserve Chair Jerome Powell, speaking at the DealBook Summit, addressed common misconceptions surrounding Bitcoin (CRYPTO: BTC). Powell dismissed the idea that Bitcoin undermines the Federal Reserve or the stability of the U.S. dollar. He emphasized that Bitcoin is neither widely used as a payment method nor a dependable store of value due to its extreme price volatility. Watch to know more!

Is Bitcoin Turning Into A Store Of Value Like Gold? | GRAVITAS | WION

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Is Bitcoin Turning Into A Store Of Value Like Gold? | GRAVITAS | WION