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Home»BITCOIN NEWS»Fed’s Neel Kashkari on Bitcoin: There are no legitimate use cases yet in advanced democracies.
BITCOIN NEWS

Fed’s Neel Kashkari on Bitcoin: There are no legitimate use cases yet in advanced democracies.

By Crypto FlexsApril 6, 20241 Min Read
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Fed’s Neel Kashkari on Bitcoin: There are no legitimate use cases yet in advanced democracies.
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Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, expressed concern about consumer risks posed by “fraud, hype and confusion” surrounding Bitcoin. Moreover, he said that although cryptocurrencies have been around for more than a decade, “there are still no legitimate use cases in developed democracies.” ‘I’m worried (…)

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