In a significant statement, Federal Reserve Chair Jerome Powell acknowledged that cryptocurrency is rapidly gaining mainstream traction. His remarks underscore the growing recognition of digital assets within traditional financial circles, signaling shifting institutional perspectives on the crypto market's role in the broader economic landscape.
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InscriptionGriller
· 30m ago
Powell's words are quite different from his previous tone. Is he trying to whitewash the crypto industry or paving the way for a large influx of capital? Be careful not to be used as cannon fodder by the harvesting machine of the leek gang.
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SignatureVerifier
· 12-30 01:02
Powell finally admitted what we've all known for years... though tbh the "validation" here is pretty surface-level. technically speaking, acknowledging mainstream adoption ≠ actually understanding the security implications. still waiting for them to address the actual attack vectors before I take this seriously.
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RektCoaster
· 12-29 00:31
Powell's words, are they truly sincere or just another attempt to stabilize market sentiment...
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SnapshotBot
· 12-28 17:51
Powell, this is an admission under duress, it should have been like this a long time ago, right?
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RealYieldWizard
· 12-28 17:41
Powell's words are a bit late; the market has already embraced crypto. Is the central bank officially recognizing it or just following the trend reluctantly?
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TopBuyerForever
· 12-28 17:36
Powell finally backed down, and crypto is really taking off... But then again, this guy said the same thing last time 😅
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SnapshotLaborer
· 12-28 17:35
Powell finally spoke out, and the traditional financial circles also have to recognize our stuff. This is what we call the trend of the times.
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RumbleValidator
· 12-28 17:28
Powell's recent statements sound good, but the key still depends on whether the validation nodes can keep up with the scale of institutional inflows— the real test is whether the consensus mechanism can support it.
In a significant statement, Federal Reserve Chair Jerome Powell acknowledged that cryptocurrency is rapidly gaining mainstream traction. His remarks underscore the growing recognition of digital assets within traditional financial circles, signaling shifting institutional perspectives on the crypto market's role in the broader economic landscape.