Federal Reserve Bank of Minneapolis President Neel Kashkari has once again riled up the cryptocurrency community with his recent tweet, in which he says that the cryptocurrency industry is only filled with “scammers” who rip off the uninitiated with their pump-and-dump schemes.
Kashkari’s most recent comment has united different tribes of the cryptocurrency community.
IOG CEO Charles Hoskinson, who created proof-of-stake blockchain project Cardano, pointed to the Federal Reserve’s egregious money printing that he believes is pushing people to place their faith in “sound money” that cannot be manipulated by the government.