Grayscale boss: Digital US dollar would be a tailwind for Bitcoin
Grayscale CEO Michael Sonnenshein believes that the creation of a digital dollar by the US Federal Reserve would not only not harm Bitcoin, but would even give it a tailwind.
The statement is surprising. In an interview with CBNC’s Squawk Box, Sonnenshein, the head of the world’s largest digital currency asset manager, explained that Bitcoin and other cryptoassets would only benefit from the creation of a digital dollar by the US Federal Reserve. As an indication of this, he cited the fact that payment platforms such as Paypal have started…
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