Boom for Bitcoin as Wall Street Veteran Blasts Powell over Inflation Risks
Bitcoin could continue playing its global safe-haven hedge role as a Wall Street veteran blasts off Jerome Powell and his pro-inflation policies in his later opinion editorial
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Former JP Morgan executive Blythe Masters has agreed to become the chief executive officer of Digital Assets Holding LLC, a New York-based Bitcoin trading company. An acclaimed Wall Street banker by profession, Masters, 45, is credited as the creator of modern credit default swaps back in 1994. In her own words, she is not a fan of Bitcoin but do appreciate its underlying technology that emphasis on better transparency. Basically, it was the 2008-financial crisis that inspired Masters to look beyond the traditional methods of economical trust. Bitcoin was itself born as an answer to the....