• Cryptocurrencies Completely failed to be a legitimate store of value
• USD Completely Failed as Legitimate Payment System
• Unsubstantiated Claims from a Position of Authority
• Fed Scared of Cryptocurrencies

Cryptocurrencies have “completely failed” to become a legitimate payment system, the Fed chair, Jay Powell, said Yesterday.

The USD has “completely failed” to become a legitimate store of value, the Celsius Network Chair Mashinsky, said Yesterday.

We are finally starting to see mainstream media acknowledging that the long-term plan of just holding dollars is not going to work.

For clarity, Jerome Hayden Powell is the 16th chair of the Federal Reserve, serving in that office since February 2018. He is the Chair of the Federal Reserve of the United States since 2018.

ICYMI:  Celsius recognizes that Bitcoin still sets the course for the crypto industry at large. We have considered it a company priority to help vitalize Bitcoin mining in North America through renewable resources.

Community Response:  Powell can say whatever he wants, but the adoption is real. Resistance is futile.

That’s not true; what crypto did for the ordinary person to become rich has never been witnessed in the history of mankind. On the other hand, the USD has been losing its value since time immemorial. So let’s analyze the differences, boss.

Jay Powell can’t even predict the weather. Powell’s power is minimal. Brilliant analogy Alex and so true. In Alex, we trust!

Sounds familiar, Charles H. Duell was the Commissioner of US patent office in 1899. Mr. Deull’s most famous attributed utterance is that “everything that can be invented has been invented.”

Crypto still functioning as an intended store of future value. For example, Fiat still used to buy adult diapers.

The Argentinian government and Central Bank failed as well. Fiat currencies are dead, and soon they will all collapse in a heap. What the fed means is that they are terrified of cryptocurrencies. We know they are the future.

The Fed chair makes these unsubstantiated claims from a position of authority. Any rational person can see his house is burning down, and he is inviting you inside.

Jay Powell has completely failed the United States, but all he cares about is having his GQ photoshoot and making fun of poor people on TV. It has become legal tender in one country, so what a stupid thing to say.

Every single person who likes crypto has to have BTC to help it with any form.  So, you can do whatever you want on the blockchain tech; otherwise, we are all dead. That’s why Alex is doing what he is doing because he knows if you abandon BTC, he is going down too.