Federal Reserve Bank President Criticizes Cryptocurrency, Praises AI

According to PANews, Federal Reserve Bank of Minneapolis President Neel Kashkari expressed contrasting views on cryptocurrency and artificial intelligence during a virtual event. He described cryptocurrency as "essentially useless" for ordinary people, citing a lack of practical applications for average consumers. In contrast, he praised artificial intelligence for its utility, despite most companies still being in the testing phase. Kashkari expressed optimism about the U source: https://www.binance.com/en/square/post/35100781219386?utm_source=BinanceNewsRSS