When did this happen?

Powell is full of crap. The Genius Act, allowing for Stable Coins doesn't mean only one Stablecoin attached to the dollar will be available. Nope. Wait till you see a Stable coin backed by Gold. Or one backed by Bitcoin. Americans know what the fiat dollar is. It's been a path to slavery, having to ...

So, to be clear, he doesn't understand gold either. Cool. Gold is not a speculative asset, it is a commodity with a majority monetary use value (which Bitcoin is destroying). Absolute clown shoe.