
⚠️ Fed’s Kashkari Bombshell: “Cryptocurrencies are completely useless” Key Highlights: • “Cryptocurrencies have existed for over a decade, yet they are completely useless.” • Mocked stablecoins as meaningless buzzwords with no substance. • Pointed out that stablecoins offer no practical advantages over Venmo or Zelle in real-world use. • In contrast, positively assessed AI as something used daily in real life, with significant long-term potential for the U.S. economy. Kashkari has repeatedly criticized cryptocurrencies in the past, calling them “95% scam, hype, and noise.” $BTC $ETH $BMNR #Crypto

