🎯 #Bitcoin! surpasses $100K and Jerome Powell declares in its favor
🔸 Bitcoin, a rival of gold not of the dollar:
Jerome Powell, the chairman of the Fed, compares $BTC to gold, describing it as a speculative asset, not a threat to the dollar.
🔸 The crypto market grows:
With $1.92 trillion in capitalization, the Bitcoin market already surpasses that of silver, although it is still far from the $18 trillion of gold.
🔸 Regulation in the U.S.:
The Biden administration and the Fed face criticism for allegedly limiting the crypto industry with restrictive measures like "Operation Chokepoint 2.0".
🔸 Technology with potential:
While Powell remains skeptical, others in the Fed, like Christopher Waller, highlight the innovation of blockchain and DeFi to improve traditional finance.
💬 Will Bitcoin be the gold of the future? The conversation remains open, with its role in the financial system yet to be defined.
