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The Daily Hodl 2023-02-11 17:55:37

U.S. Federal Reserve Governor Compares Crypto Assets to Baseball Cards, Argues They’re Just Speculative

A high-ranking crypto-skeptic in the U.S. Federal Reserve thinks digital assets are like baseball cards and have no intrinsic value. Christopher J. Waller, one of the seven members of the Fed’s Board of Governors, says in a new speech that the value of crypto assets is driven “purely by belief.” “To me, a crypto-asset is The post U.S. Federal Reserve Governor Compares Crypto Assets to Baseball Cards, Argues They’re Just Speculative appeared first on The Daily Hodl .

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