Federal Reserve Bank of Minneapolis President Neel Kashkari recently stated that Bitcoin remains "worthless" after 12 years. He emphasized that, despite the cryptocurrency's longevity, it has failed to establish itself as a viable asset or currency.
Kahkari also stated that inflation continues to decrease while the US labor market remains strong. He emphasized that the Federal Reserve's decisions will remain data-driven and stressed that it's not worth pushing joblessness higher to curb inflation.