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Former Fed Governor Believes Bitcoin Is The New Gold For People Under 40

Mary Liu

Summary: In an interview with CNBC, Kevin Warsh, former Fed governor said that the growth of cryptocurrencies such as Bitcoin is reasonable. Considering the current economic environment and monetary policy, Bitcoin does have its meaning as part of the investment portfolio. He added: "If Bitcoin never existed, gold would be rallying even more right now, but I ...

In an interview with CNBC, Kevin Warsh, former Fed governor said that the growth of cryptocurrencies such as Bitcoin is reasonable. Considering the current economic environment and monetary policy, Bitcoin does have its meaning as part of the investment portfolio. He added: "If Bitcoin never existed, gold would be rallying even more right now, but I guess if you are under 40, Bitcoin is your new gold."

By Mary Liu

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