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Wednesday, March 24, 2021 5:45:27 AM
Federal Reserve Chairman Jerome Powell is about a decade behind the rest of us. He hasn't heard of defi (smart contracts) replacing centralized financial contracts yet. Nor has he heard of blockchain payments, loans, etc. (Typical of the government .....always attracting the uninformed).
Powell calls cryptocurrencies ‘not really useful stores of value’ and says Fed will move slowly
I would venture to say the Federal Reserve Chairman is the "not very useful".
https://www.cnbc.com/2021/03/22/cryptocurrencies-are-not-useful-stores-of-value-says-feds-powell.html
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