Fed Official: Bitcoin Doesn’t Jeopardize The Dollar

James Bullard, president of the Federal Reserve Bank of St. Louis, said he doesn’t see bitcoin and other digital currencies as a threat to the dollar, CNBC reported on Tuesday. Bullard told the news organization he believes the escalating bitcoin attraction is not a problem as far as the U.S. dollar’s position as the world’s reserve currency. “I just think for Fed policy, it’s going to be a dollar global economy as far as the eye can see — and whether the gold price goes up or down,
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