#PowellRemarks

Jerome Powell and Our Crypto Journey: A Roller Coaster. When we think about the economy and our crypto world, Jerome Powell, the head of the Federal Reserve, is always there.

The good, remember how his bold response to the pandemic in 2020 flooded the liquidity system? That injection of "easy money" felt like a current that shot Bitcoin's value up. We thought nothing could stop us!

But, like in any good story, the bad came. Inflation spiraled out of control, and Powell raised rates mercilessly. This policy, vital to cool the economy, unleashed the painful "crypto winter." We saw our hopes and wallets deflate, a cold shower for those of us dreaming of a decentralized future.

Finally, the ugly: the Fed, under his leadership, is flirting with a digital dollar (CBDC)! For many of us, this is not curiosity; it feels like a direct threat to our privacy and autonomy.

Regulatory uncertainty in the U.S. persists, keeping our hearts in a knot. It's a complicated dance between the old guard and this new digital wave, with Powell right in the center.