🚨 FED ATTACK: “Crypto is Utterly Useless” — Is He Right? 🇺🇸
Minneapolis Fed President Neel Kashkari just dropped a bombshell at the 2026 Midwest Economic Summit. Despite the massive growth we’ve seen, he claims crypto has failed to deliver "real-world value" in over a decade. 📉
The "Kashkari Critique":
❌ Stablecoins: He calls them "buzzword salad" and says they solve nothing that Venmo or Zelle don't already handle.
❌ Utility: He labeled digital assets as "meaningless" compared to the tangible potential of AI.
❌ Mainstream Failure: He challenged the audience to raise their hands if they’ve actually bought anything with Bitcoin lately.
The Counter-Argument: 🏗️
While the Fed remains skeptical, the rest of the world is moving forward. From the CLARITY Act providing U.S. market structure to Real World Assets (RWA) hitting record on-chain volumes in 2026, the building hasn't stopped.
What do YOU think? Is the Fed simply trying to protect the legacy banking system, or does the industry still have a "utility" problem to solve?
👇 VOTE BELOW:
1️⃣ Kashkari is stuck in the past! 🚀
2️⃣ He has a point about utility. 🤔
3️⃣ Just more FUD before the next leg up! 💎
Let’s settle this in the comments! 💬
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