🚀 Bitcoin: The New Digital Gold? 🚀
- Fed Chair Jerome Powell likens Bitcoin to "digital gold," emphasizing its role as a value preserver rather than a currency. He asserts it's a gold competitor, not a dollar rival.
- Powell stresses the need for crypto to align with traditional banking, ensuring safety and supervision.
- Despite crypto's rise, Powell holds no digital assets himself.
- Meanwhile, Trump backs Bitcoin's future with the Bitcoin Strategic Reserve, gaining traction in Congress.
💬 Share your thoughts below! Is Bitcoin the new gold?