"BUY BITCOIN" Sign During Janet Yellen's Testimony at Congress!! | CNBC News | The Blockchain Blog on Steemit 📈⚡

in #bitcoin7 years ago (edited)

“The swarm is headed towards us.”

– Satoshi Nakamoto


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Janet Yellen, the Chair of the Federal Reserve, gave her testimony about the Federal Central Bank to the House of Financial Services Committee at Congress on Wednesday July 12th. During her hearing, an unidentified man held up a sign that said: “BUY BITCOIN” and it was broadcasted on television. Man of the Year Award goes to that guy! Bravo!

Here's a video!

As a result, according to CoinDesk, the value of bitcoin increased by 3.7% to about $2,418 as of 2:30 pm ET despite the recent drops in the crypto scene.

Federal Chair Janet Yellen was speaking during the first round of the semiannual monetary policy report to Congress and discussing the current state of the economy, while the unidentified Bitcoin advocate whose sign was visible on television, was expelled from the hearing room at Congress because House Committee rules were violated. CNBC reported that the Financial Services Committee staff had no idea who that guy was.

Furthermore, Tom Lee (Chief Financial Officer of Fundstrat) said that central banks will perhaps purchase digital currencies as a hedging strategy. That will certainly cause the value of cryptocurrencies to soar 📈, and that doesn’t only involve Bitcoin but many alt coins as well.



Yeah.. you should.

And now is the time to go coin shopping...

Let us know your questions or comments below!


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Reference:

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HILARIOUS!! I could not stop laughing... thanks!
yes... definitely buy bitcoin

hahaha that's awesome !
more and more awareness, yay.

Man's got a point!!
If anything this reassures us HODLERS!!

I think bitcoin has peaked, it will start to fall soon. But will be ok in the long run. Just over valued at the moment and in need of a correction.

Agreed. It is correction period. It is wiser to wait before investing more, but hold your BTCs dont sell to fiat. Soon though, it'll be coin shopping time!

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