At this point, the most experienced manager of the US Central Bank is the head of the New York Central Bank
William Dudley.
Dudley has been quiet about "Bitcoin" for a long time and has been studying things closely. Eventually he would have decided that he would soon come to the media: "Bitcoin will end up in very high wastes in the end!"
Dudley, on Thursday we passed, I think in New York, things like this "crypto" money are actually very dangerous. Because in practice it is not possible to determine what their value is or may be! "
When Dudley spoke in Puerto Rico and the US Virgin Islands, where the storms had caused havoc in the time we passed, most of the questions asked were related to "bitcoin" and the like. But Dudley already said that these nylon moneys are not related to the state, nor are they related to state policies. Because digital currencies are known only in electronic form.
On the other hand, the President of the European Central Bank Mario Draghi also warned people earlier this month, saying, "Things called digital money should be treated as very risky things!"
Mark Carney, President of the Bank of England, also spoke on Reuter's on Monday, saying, "These digital currencies are making people sad because they have gone mad so far." The situation for those who knew the value fluctuation of Hele Bitcoin was crazy.
Bitcoin was worth $ 946 on March 20, 2017. On December 18, 2017, Bitcoin was worth $ 19,501. Then it fell below $ 10 000, and it fell back to 6,000.
Dudley thinks Bitcoin and the like have potential for disaster, others of the FED managers are doing similar evaluations. Randal Quarles, a member of the FED's board, said in November that "As today's use is not important, value does not mean the ups and downs. But if these money became publicly available, then digital money could create a very important financial stability problem.
When you collect assets of all digital funds, we are roughly talking about an asset of about $ 450 billion these days. According to the FED's account, the US dollar created by the FED is about $ 1.6 trillion in total.
Those who like Bitcoin and so on are not in control of the state and love to love him. But some experts say that when people see that they are getting loans to buy Bitcoin they say, "This is disaster!"