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Will the digital dollar make bitcoin obsolete? RT’s Boom Bust has the answer

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16 Jul, 2021 09:30

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Will the digital dollar make bitcoin obsolete? RT’s Boom Bust has the answer

A neon logo of virtual cryptocurrency Bitcoin is seen at the Bitcoin Embassy bar in this illustration taken June 1, 2021. © Reuters / Toya Sarno Jordan

Federal Reserve Chair Jerome Powell says that if the US established a central bank digital token, there would be no need for bitcoin or other cryptocurrencies.

RT’s Boom Bust asks crypto analysts Ben Swann and Christy Ai if that’s indeed the case.

For more stories on economy & finance visit RT’s business section

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