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Fed’s Powell on Bitcoin Reserve: ‘We’re Not Looking for a Law Change’ | WSJ News
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19,714 Views • Dec 18, 2024 • Click to toggle off description
Asked whether the government should build a bitcoin reserve, Federal Reserve Chair Jerome Powell said the central bank isn’t allowed to own the digital currency under current law.
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Views : 19,714
Genre: News & Politics
License: Standard YouTube License
Uploaded At Dec 18, 2024 ^^


warning: returnyoutubedislikes may not be accurate, this is just an estiment ehe :3
Rating : 4.96 (3/297 LTDR)

99.00% of the users lieked the video!!
1.00% of the users dislieked the video!!
User score: 98.50- Masterpiece Video

RYD date created : 2025-04-10T16:20:21.540056Z
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59 Comments

Top Comments of this video!! :3

@josea5987

7 months ago

Just because they can’t hold it doesn’t mean they won’t use the technology

17 | 2

@HelloThere-fg4hd

7 months ago

The look on his face when he was about to answer. He knew that would dump the market but it's not his fault it's true they are not allowed to own bitcoin.

25 | 1

@willy92pl

7 months ago

Guys, do you think it would be a good strategy to say "YES, WE WILL BUY BITCOIN, GO BUY IT YOURSELF, PUMP IT TO THE MOON AND WE WILL BUY AT THE VERY TOP LIKE IDIOTS". No. If you want to buy bitcoin, first you have to dump it, which is exactly what happened.

16 | 0

@davidr.8862

7 months ago

Poor question for the journalist to ask the wrong department

4 | 0

@nmg5100

7 months ago

Dam that means they are looking for a law change and they're gonna do it

5 | 0

@CherrelynPierson

3 weeks ago

The question was about the US government. The Fed is NOT a government entity, so if the Federal Reserve Acy says they can't own bitcoin coin, that has nothing to do with the US government building a reserve of bit coin in the US Treasury.

| 0

@schlepers

7 months ago

Yea, kind of like the Fed buying Junk Bonds via Black Rock.

5 | 0

@literalshark4121

5 months ago

Repeal the federal reseve act.

1 | 0

@MarkMcintyre-jk4ks

7 months ago

This guy has been battling bitcoin for awhile. The times have changed old man

5 | 0

@vicchris3943

7 months ago

What is use for fed to own BTC

1 | 0

@김세호-x1o

7 months ago

This is still true but he says it might change by congress in the future if they make a new law.

2 | 0

@billalchellala2774

7 months ago

If they are not buying BTC, what they will do is?

1 | 0

@adriaforum

7 months ago

Facts:
1. FED doesn't hold any gold. They have zero ammount of gold.
2. US has the biggest gold reserve in the wolrd.

I simply don't get it why it is relevant what he/FED told about btc.

8 | 1

@trisagion5179

4 months ago

What a "Pinocchio"😂

| 0

@hezomusicstudio681

7 months ago

Fiat vs Bitcoin

1 | 0

@kevinace89

7 months ago

They’ll would never give up there control

1 | 0

@digilyfe

7 months ago

Of course he says that. Why would he want to create a competitor for gold?...c'mon people

2 | 3

@SorminaEriana

7 months ago

No rule of law regarding bitcoin at all?

2 | 1

@aces411

7 months ago

Those solely in the crypto game hoping to make fiat "gains" based on the whims of the fiat piper who are all mad now have missed the point.

1 | 0

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