Jerome Powell on BTC:
βPeople use bitcoin as a speculative asset. Itβs like gold, only itβs virtual, itβs digital. People are not using it as a form of payment or as a store of value, itβs highly volatile. Itβs not a competitor for the dollar, itβs really a competitor for gold.β
"If Bitcoin is very similar to gold, Litecoin is very similar to silver." @SatoshiLite on the difference between $BTC and $LITE and what each can offer investors: