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Barringston's avatar

As Jerome Powell said

The promise of “providing a secure and efficient payment system that embraces innovation” was important to me, I hope they move in that direction, I would like other states to move forward with this perspective, we will probably see some states follow the same perspective. . . . However, it is obvious and sad that states that do not adopt innovation and are dependent on the central authority will regress in the direction of economy. .

I think cryptocurrencies will thrive on the blockchain and take over a large part of the economy in the future, if even governments are trying to do that now, why not. In this context, the future is actually a “blockchain that does not adopt a central authority”.

I absolutely agree with this.

Thanks for the article.

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Sezgin25's avatar

This positive thinking of the Federal Reserve towards digital currencies can bring different perspectives to the crypto world as states. Even states now want to be included in this system. Because this system brings with it many conveniences.

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