🚨 FED CHAIR POWELL SAYS: “BITCOIN COMPETES WITH GOLD, NOT THE DOLLAR!”
Jerome Powell just dropped a statement that the market can’t ignore. According to him, Bitcoin is evolving as a competitor to Gold—a modern store of value that investors are increasingly considering during uncertainty.
But Powell was also clear on one point: Bitcoin is NOT a competitor to the U.S. Dollar. The dollar remains the dominant currency for global trade, payments, and settlement—while BTC plays a different role as a digital asset.
🔍 What This Means for Bitcoin
This comparison with Gold actually boosts Bitcoin’s long-term narrative. It shows how far BTC has come—from a niche experiment to an asset recognized by the world’s most powerful central banker.
💡 My Take
Bitcoin’s identity is maturing.
Not a currency replacement…
But a new-age store of value that people turn to when they want protection, freedom, and scarcity.
