Last week, Federal Reserve Chairman Jerome Powell made a somber speech about the state of the economy. In a follow-up interview, last night on 60 Minutes Powell made comments that underscore the importance of the digital scarcity hard-coded into the Bitcoin protocol. Powell claims that the Fed has “no limit” to the “ammunition” and firepower they can use to prevent further economic downturn. However, the more ammunition used, the better it is for Bitcoin. Fed’s […]
