To access this clip without audiomarks, please purchase it, or upgrade your account.
Date
Summary
Jerome Powell: People Are Not Using Bitcoin for Payments and ‘It’s Not a Competitor for the Dollar’
Subjects
Source
YouTube
Name: YouTube
URL: http://www.youtube.com/
Show
–
Persons
Andrew Ross Sorkin
, Jerome Powell
Name: Andrew Ross Sorkin
Employment: The New York Times
Position: Financial Columnist
Name: Jerome Powell
Employment: U.S. Federal Reserve System
Position: Chairman
Event
Event location
–
Link
–
Original recording
Uploaded
12/04/2024 02:18 pm
Owner
Alex (staff)
Type
Video
Format
MP4 (720x406)
Use clipper to adjust file type
Duration
0:00:39
Views
7
Purchases
1
Social views
0
Transcript
ROSS SORKIN Before I ░░░░░░░░ you know one of ░░░░░░░░ reasons I wanted to ░░░░░░░░ ask you about Bitcoin ░░░░░░░░ to some degree people ░░░░░░░░ that that is a ░░░░░░░░ of people s faith ░░░░░░░░ lack of faith in ░░░░░░░░ the U S dollar ░░░░░░░░ in the Federal Reserve ░░░░░░░░ in terms of the ░░░░░░░░ What do you think ░░░░░░░░ that idea Powell I ░░░░░░░░ t think that s ░░░░░░░░ people think about it ░░░░░░░░ mean it s it ░░░░░░░░ so you know people ░░░░░░░░ Bitcoin as a speculative ░░░░░░░░ right It s like ░░░░░░░░ It s just like ░░░░░░░░ only it s virtual ░░░░░░░░ s digital People are ░░░░░░░░ using it as a ░░░░░░░░ of payment or as ░░░░░░░░ store of value it ░░░░░░░░ highly volatile It s ░░░░░░░░ s not a competitor ░░░░░░░░ the dollar It s ░░░░░░░░ a competitor for gold ░░░░░░░░ know it s that ░░░░░░░░ really how I think ░░░░░░░░ it.”
To view this clip's transcript, log into your Grabien account.
