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Patrick T. Mchenry – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 19 Jul 2018 11:05:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Patrick T. Mchenry – DIGIT INFO https://www.digit.info 32 32 Fed Chair: Crypto Has No Intrinsic Value, Not a Store of Value, Great for Money Laundering https://www.digit.info/fed-chair-crypto-has-no-intrinsic-value-not-a-store-of-value-great-for-money-laundering/ Thu, 19 Jul 2018 11:05:02 +0000 https://www.digit.info/2018/07/19/fed-chair-crypto-has-no-intrinsic-value-not-a-store-of-value-great-for-money-laundering/ Read more]]>

Fed Chair: Crypto Has No Intrinsic Value, Not a Store of Value, Great for Money LaunderingThe Federal Reserve’s new chairman made his stance on cryptocurrency clear to the US House of Representatives on Wednesday. In his view, cryptocurrencies have no intrinsic value, are not used often as a means of payment, are not a store of value, but are great for money laundering. He also dismisses the idea that cryptocurrencies […]

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