A few days ago, Federal Reserve bigwig Powell spoke up, saying they cannot touch Bitcoin. As soon as this was said, Bitcoin immediately fell from a high of 108,000 to 92,500. Today, another bigwig from the Federal Reserve, Daly, came out and said that cryptocurrencies cannot be compared to gold and are far from truly becoming 'money.' Daly believes that cryptocurrencies should be viewed separately and should not always be tied to gold. She said that cryptocurrencies are quite complex and need to be studied properly before defining them. She also mentioned that cryptocurrencies can be money, can be trading tools, or can be assets that sometimes rise and sometimes fall like stocks, but they simply cannot be said to be like gold. Daly's view is somewhat different from Powell's. Powell previously said that Bitcoin is like virtual gold, used for speculation, and cannot be used as money because it is too unstable. Although Daly agrees that cryptocurrencies cannot be used as money yet, her explanation is more detailed. Daly explained that for cryptocurrencies to become true money, their value must grow along with the economy and cannot rise simply because people want it to. Just like the dollar bills, their price does not rise just because more people are using them; the value of the dollar depends on how fast our economy grows compared to other countries. For cryptocurrencies to be considered money, they need to develop this characteristic first. Although the road for cryptocurrencies to become money is still long, this does not stop everyone from speculating on them. Since Trump was elected, Bitcoin has skyrocketed, surpassing 100,000 on December 4th. Stocks related to cryptocurrencies are also soaring quickly. Now, even some bigwigs who usually only buy stocks and bonds have started buying cryptocurrencies. Trump's new administration has even specifically sought out a venture capitalist named David Sacks to manage cryptocurrency matters, and perhaps the U.S. will even establish a Bitcoin reserve in the future. In short, cryptocurrencies are currently incredibly popular, and everyone believes they have limitless potential. An analyst even predicted that by the end of 2026, Bitcoin could rise to 225,000 dollars. It seems that more and more bigwigs are optimistic about Bitcoin, which is definitely key.