On Saturday morning (20) bitcoin reached a new price record, surpassing for the first time 57 thousand dollars. On Friday (19), the currency also registered a new historic milestone and reached a market value of US $ 1 trillion for the first time. Despite this, the central bank of the United States (FED) in Boston sees no future in digital assets.
Federal Reserve Bank of Bostons chairman Eric Rosengren said he is surprised that Bitcoin continues to thrive.
"I expected bitcoin prices to come under pressure over time," he told the New York Times.
Rosengren said he hopes the “bitcoin boom will come to an end”. According to him, “there is no long-term use case for digital currencies like Bitcoin” in a world where central banks will end up offering their own alternatives.
"I would suspect, in the future, that several digital currency bases, when there is a digital currency available, unlike the underground economy, it is not clear why people use Bitcoin."
Rosengren pointed out that China and Sweden are on track to implement their digital currencies (CBDC), and that the United States will not be far behind in the process.
According to him, the Boston FED has been actively researching the possibility of introducing a digital currency in the USA.
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