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Does Bitcoin value drive the Economy

February 23, 2021

Today Bitcoin is trading down after being at nearly rising to $57539.00 for a moment. Yesterday Janet Yellen the new, to be, Fed Chairman came out against Bitcoin and other cryptocurrencies claiming that they could be used for illicit transactions. She warned retail investors to stay away from the crypto moola.

Is it time to buy and is it now a fact that crypto values drive the market. We were just wondering why there is not a disconnect. Is this an ideological currency more than a store of value? I any event at the writing of this short article Bitcoin is $48462.00. Hell hath waged when a woman steers the world. If Momma Yellen gets her way crypto will be worthless and maybe capitalism will be also? We would like to hear you tales about the crypt…..o.

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