Minneapolis Fed President Kashkari On Bitcoin: ‘No Credible Threat’
Via CNBC
“Despite the competition heating up within the burgeoning digital currency world, none of the products represent a viable threat to the U.S. dollar, Minneapolis Fed President Neel Kashkari said Tuesday.
Cryptocurrencies have been experiencing a huge boom over the past year, with the rolls of those coins with more than $1 billion market value exploding from less than 10 just a few months ago to 44 and counting.”