When asked by reporters whether it is valuable and beneficial for the country to establish Bitcoin reserves, Powell said the original statement about not allowing ownership of Bitcoin is: The Federal Reserve Board has specified the assets we can hold in reserve, and we currently do not allow ownership of cryptocurrencies. We are not seeking a legal change ourselves; such issues should be considered by Congress, not by the Federal Reserve Board seeking legal changes.
The meaning is very clear: we simply do not allow holding BTC as reserve assets for now, and it is not us seeking legal changes on such issues, but rather Congress making the decision!
Isn't this a positive sign? Is the market interpreting this out of context?
$DOGE I am in a full warehouse of doge, struggling to return home, Last year's Range Rover has been replaced with a second-hand Hongguang, the village chief says you walked into the wrong village, your parents want you to kneel in the ancestral hall, eating at the banquet telling you to stand and not speak; Big fish and meat placed farthest away from you, A cousin you have never met gives you a piece of ginger, telling you to come to your cousin's house less often, saying you are not doing as well as old Zhang next door; The girl you had your eye on last year, almost directly sharing a room with you, now sees you and hides far away in her boudoir, Cursing you silently, not wanting to say a word to you; Not thinking about it, it’s hard to forget, hands full of doge with nowhere to express sorrow, Looking at each other in silence, only tears like a thousand lines; Now just wanting, things are different and people are gone in the snowstorm night, to forget the earth dog hanging on the beam.