The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said at a Linkedin event on Thursday that he believes Bitcoin is a "consumer protection issue" because some investors do not fully understand their cryptocurrency investments. He also warned that cryptocurrency is too volatile and may cause great harm to some people: There is a lot of fraud, hype and confusion, so I am worried from a consumer perspective. Neel Kashkari compared Bitcoin to a stuffed toy Beanie Babies, saying that it has no practical use in the economy and has become a cute toy that some people like to own and trade. The only use of Bitcoin he sees is that traders try to subvert bank regulations, bypass marijuana banking services or conduct illegal activities. Neel Kashkari used Amazon as a comparison, pointing out that Bitcoin supporters would say that in 1994, no one had ever bought a book online, so Amazon was considered to have no future at the time. Bitcoin is not the Amazon of 1994, but the Amazon of 2004, but he has a different view: Bitcoin has been around for more than a decade, and more than a decade has passed, and there is still no legitimate use case in developed democratic countries.

Long-term Bitcoin skeptic

In fact, Neel Kashkari has always been a Bitcoin skeptic. He once criticized in 2021 that 95% of cryptocurrencies are fraud, hype, noise and chaos. He criticized cryptocurrencies for not seeing any other use except for promoting illegal activities.

Neel Kashkari said at the time that thousands of junk coins had been created, some of which were outright Ponzi schemes, where the project parties deceived people into investing, and then the founders cut their leeks. He always asked people what problems these coins could solve, but no one could clearly say it.