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Powell: Bitcoin could become obsolete

Federal Reserve Chairman Jerome Powell suggests bitcoin could become obsolete if the US government adopts a centralized digital currency. Big banks watch their earnings surge as direct beneficiaries of low interest rates. The space race between billionaires reshapes private extraterrestrial travel.

Powell: Bitcoin could become obsolete
The boom/bust cycle is as old as Western banking itself. Our hosts break through the mainstream headlines to find the stories that matter, and help you navigate the booms and the busts.