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Fed chair Powell just called bitcoin a 'speculative store of value' like gold — adding weight to the safe haven theory

Business Insider Friday, 12 July 2019 ()
Fed chair Powell just called bitcoin a 'speculative store of value' like gold — adding weight to the safe haven theory· *The Federal Reserve Chairman, Jerome Powell, just said that bitcoin is a "speculative store of value" like how gold is used. *
· *It's a win for proponents of the theory that the US trade war has spurred investors to buy bitcoin as a way to diversify their portfolios.*
· *Trump yesterday slammed bitcoin and other crypto...
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News video: What Bitcoin Taught Government Officials About Facebook's Libra

What Bitcoin Taught Government Officials About Facebook's Libra 00:39

Facebook's Libra a hot topic during Federal Reserve Chair Jerome Powell's two-day congressional, President Donald Trump shared his view on Real Money Stock of the Day Facebook's digital currency Libra via his always newsworthy Twitter account. Trump tweeted that Libra will have "little stand or...

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