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{"id":2854,"date":"2024-12-05T01:03:01","date_gmt":"2024-12-05T01:03:01","guid":{"rendered":"http:\/\/hongkongbuybitcoin.com\/?p=2854"},"modified":"2024-12-05T01:03:01","modified_gmt":"2024-12-05T01:03:01","slug":"fed-chair-powell-views-bitcoin-as-digital-gold-not-a-dollar-competitor","status":"publish","type":"post","link":"https:\/\/hongkongbuybitcoin.com\/?p=2854","title":{"rendered":"Fed chair Powell views Bitcoin as digital gold, not a dollar competitor"},"content":{"rendered":"

Federal Reserve Chairman Jerome Powell dismissed Bitcoin as a replacement for the U.S. dollar, comparing it to gold as a speculative asset. Despite Bitcoin’s growing market influence, Powell believes it is not a competitor for the dollar but for gold. Fed Governor Waller praised DeFi for offering efficiency to traditional financial instruments.<\/p>\n","protected":false},"author":1,"featured_media":2855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/2854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2854"}],"version-history":[{"count":0,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/2854\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/media\/2855"}],"wp:attachment":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}