2026-01-14 23:20:59

A top Federal Reserve official recently made a blunt statement about the cryptocurrency market, calling digital assets 'basically useless' during public remarks. The Minneapolis Federal Reserve President's dismissive stance reflects ongoing tension between traditional banking institutions and the crypto sector. His comments highlight the skepticism some central bank leaders maintain toward decentralized finance and blockchain-based assets, even as institutional adoption grows globally. Such criticism from high-ranking monetary policy figures often sparks debate within the crypto community about the long-term viability and practical applications of digital currencies versus established financial systems.

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BagHolderTillRetire

· 01-17 12:26

The big shots over in the US are throwing tough talk again. Why do they look down on the stuff we play with so much...

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AirdropHunterXiao

· 01-17 10:14

Those guys at the US Federal Reserve, the more aggressive they sound, the more I feel they're panicking.

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RealYieldWizard

· 01-15 02:12

Lol, here they come again. Traditional finance folks are just holding on to their own little patch of land, afraid we'll steal their jobs.

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NFTRegretful

· 01-14 23:45

The Fed brother is at it again, talking nonsense. Useless? Haha, they said the same ten years ago, and now it's institutions hoarding again.

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AirdropDreamBreaker

· 01-14 23:40

It's so cliché. The central bank's usual rhetoric comes around every year. Is it Minneapolis's turn again this time? Useless as ever. They're actually the ones who are truly afraid.

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JustAnotherWallet

· 01-14 23:38

Uh... here they come again. These old guys are always bad-mouthing us, but in reality, every institution is secretly buying.

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HodlOrRegret

· 01-14 23:38

Lol, here we go again. The old guys in traditional finance are still preaching, saying we're useless? What about their paper money? It's turned into pulp due to inflation, and they're still bragging.

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DegenTherapist

· 01-14 23:23

Coming back with this again? Those Fed folks are really just representatives of vested interests, and they're incredibly cowardly.

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PumpingCroissant

· 01-14 23:22

Alright, alright, it's the same old story. The folks at the Federal Reserve always make such tough statements. When they themselves start issuing digital currencies, they'll change their tune.

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