FED Chairmain compares Bitcoin to Gold

[Polo7]

2020 the government of united states Will declare that USA dollar worth nothing so You Get bitcoins 😀😀  return to your paper money lol 😀😀

[1714791546]

1714791546

[sana54210]

Press is not always FUD on bitcoin, it has been known that during the 2017 peak that it was seen as the new gold rush and news always gave good reviews about it, however when it started to go down they of course decided to run with "bitcoin is dead" mindset once again, that is not a good thing for us because we were losing a lot of money on bitcoin already and they convinced more people to sell as well which made it go down even more.

Bear run is where they have their fun that is correct but when it is bull time there is a lot of publications that run with FOMO mindset as well, it may not be 50%-50% which direction they like, it might be 90%-10% but there are that small times when they run with good stuff as well. This should have been much more public because it would have created a lot of hype for the price.

[sempak]

This comparison is less clear and also valid because if it is logically and also the basis between gold and bitcoin is different. the mechanism and system of work are far different. maybe in terms of investment this is a point that becomes a reference why many people compare a lot between gold and bitcoin

[Febo]

2020 the government of united states Will declare that USA dollar worth nothing so You Get bitcoins 😀😀  return to your paper money lol 😀😀

No one will ever declare that and USA government will make everything they can to prevent that happen. Value of USD will get find on market through demand and supply.

[Semosuchi Tesongrato]

Well, bitcoin - as long as it remains online - is no different from video game points, so it doesn't make sense for it to be taxed. It will be if and when it is converted into fiat money, and indeed the rulers are studying the system to succeed.
But for the moment, with a little care, you can still rest easy and the FED can co to hell...