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Yellen's comments on BTC- Case for AMP
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This was mentioned in another thread but it literally makes the case for AMP:

She stated, "I don't think that bitcoin … is widely used as a transaction mechanism," she told CNBC's Andrew Ross Sorkin at a New York Times DealBook conference. "To the extent it is used I fear it's often for illicit finance. It's an extremely inefficient way of conducting transactions, and the amount of energy that's consumed in processing those transactions is staggering." per MSNBC.

She is completely out fo touch with crypto and should be removed form her position but she inadvertently made the perfect sales pitch for AMP.

(Sittin' back and gonna let this investment grow....)

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I don’t think she even realizes there are other options in Crypto. All they talk about is BTC

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3 years ago