The head of the U.S. Federal Reserve warned Congress that bitcoin and other cryptocurrencies are dangerous to “unsophisticated investors” and should not be considered real currencies. Fed Chair Powell Criticizes Cryptocurrencies Jerome Powell, who became Fed chair in February, succeeding fellow cryptocurrency critic Janet Yellen, said on Capitol Hill that “relatively unsophisticated investors see theThe post Bitcoin Not a Real Currency, Risky for ‘Unsophisticated Investors’: Fed Chair Powell appeared first on CCN For Further Information Click on Below Button