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Bitcoin labeled a “useless piece of paper” as FED Bank of Minneapolis cites its lack of intrinsic value

Press Releases Crypto News CryptoBriefing Bitcoin labeled a “useless piece of paper” as FED Bank of Minneapolis cites its lack of intrinsic value

Key Takeaways

Bitcoin criticized by Federal Reserve Bank for lacking intrinsic value and destabilizing fiscal policies.
Proposed solutions include taxing or banning Bitcoin to restore fiscal control.

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Long-term holders sell 325,600 Bitcoin in sharpest monthly drawdown since July 2025

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Bitcoin treasury company Sequans moves 970 BTC to Coinbase Prime

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BTC-Newswire

BTC-Newswire

Bitcoin labeled a “useless piece of paper” as FED Bank of Minneapolis cites its lack of intrinsic value

Key Takeaways

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