By Anthony • December 30, 2024 4:28 pm •
San Fransisco Fed president Mary Daly has declared crypto isn’t an asset like gold.
While being interviewed on Yahoo’s Finance’s Opening Bid podcast, Daly shared, “I see crypto as a complicated thing, and the service we need to do for everyone is really unpack what we mean and call it what it is once we’ve done that.”
She added, “It can be a currency. It could be a medium of exchange. … It could be a stock — an asset to hold value or sometimes lose value. We just have to define those terms.”
“So I don’t think of it as like gold. It has properties like gold sometimes, but I don’t think of it like
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