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“It’s like gold, only it’s virtual, it’s digital.

People aren’t using it as a form of payment or as a store of value.

It’s highly volatile.

It’s not a competitor for the dollar, it’s really a competitor for gold.”Powell further stated that when it came to the integration of crypto in the financial system, the priority was to safeguard the health and stability of the banking system, alongside consumer protection.Tom was sucked into crypto in 2020 and is very much enjoying the ride.

Now a markets reporter for CoinDesk, he previously wrote for DL News about bitcoin ETFs, the Federal Reserve, bitcoin mining and crypto adoption in Latin America.

He has a bachelor's degree in English literature from McGill University and can usually be found in Costa Rica.

He holds BTC, ETH and SOL above CoinDesk's disclosure threshold of $1,000.As the senior analyst at CoinDesk, specializing in Bitcoin and the macro environment.

Previously, working as a research analyst at Saidler & Co., a Swiss hedge fund, introduced to on-chain analytics.

James specializes in daily monitoring of ETFs, spot, futures volumes, and flows to understand how Bitcoin interacts within the financial system.

James holds more than $1,000 worth of bitcoin, MicroStrategy (MSTR) and Semler Scientific (SMLR).Krisztian Sandor recently graduated from NYU's business and economic reporter program as a Fulbright fellow and worked with Reuters and Forbes previously.

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