Bitcoin Clown World #339 - Federal Reserve Chairman Jerome Powell Confirm USA Crypto Coin Markets Up
Channel: Junson Chan Stocks Crypto Bitcoin Defi Yield Farm
Date: 12/02/2020

Jerome Powell has done a 180 on bitcoin faster than I expected and has confirmed in testimony that bitcoin and crypto is a "threat" to the US Dollar and thus they are looking into creating many blockchain tech projects to combat this and China coin. He specifically also cited China's "Belt and road initiative" that will utilize crypto and can very much challenge the US  dollar as the world's reserve currency.

This is huge. This is what the bull market needs. I didn't expect it to happen so soon. That means more hodling and hoarding for us!

In the mean time, North Korea has ramped up their monero and bitcoin mining ops to bypass trade sanctions. We can't let the North Koreans beat us now on crypto too, can we?

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