"Basically Useless" — The Fed Fires at Crypto

Fed's Kashkari has called crypto "basically useless" for ordinary people, while praising AI as the real tech with practical value.

It's a sharp reminder that parts of the U.S. monetary establishment still see $BTC and $ETH as well as a horde of other majors as noise, not infrastructure.

The narrative gap is widening: institutions are allocating, regulators are clarifying, and some central bankers are still dismissing.

That tension is now one of the market's biggest undercurrents. #MainstreamAdoption #crypto #CryptoRegulation