Minneapolis Federal Reserve President calls crypto a “garbage dumpster”

Minneapolis Federal Reserve President calls crypto a “garbage dumpster”

Neel Kashkari said that even as a form of investment asset, he wouldn’t gift Bitcoin to his 1-year old daughter. However, he does believe that useful crypto utility might emerge in the next ten to twenty years. In the Montana Eco 2020 event that took place recently, Minneapolis Federal Reserve President Neel Kashkari spoke out against the utility of cryptocurrencies.