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27 February 2021

Federal Reserve Bank President James Bullard Confident Bitcoin Not a Threat to US Dollar – Regulation Bitcoin News

Federal Reserve Bank President James Bullard Confident Bitcoin Not a Threat to US Dollar – Regulation Bitcoin News


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Federal Reserve Bank President James Bullard Confident Bitcoin Not a Threat to US Dollar – Regulation Bitcoin News.

The president of the Federal Reserve Bank of St.

James Bullard said in an interview with CNBC last week that increasing interest in bitcoin, coupled with all-time high prices, does not pose a threat to the U.S.

dollar as the world’s reserve currency.

Bullard is an economist who has been the president of the Federal Reserve Bank of St.

“You don’t want to go to a nonuniform currency where you’re walking into Starbucks and maybe you’ll pay with ethereum, maybe you’ll pay with ripple, maybe you’ll pay with bitcoin, maybe you’ll pay with a dollar.

The president of the Federal Reserve Bank of St.

dollar risks losing its world reserve currency status.

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