Jerome Powell just dropped an interesting take on Bitcoin's role in the financial system. The Fed Chair positioned BTC as a competitor to gold rather than a threat to the dollar's dominance.

This framing matters more than people realize. By comparing Bitcoin to gold, Powell's essentially acknowledging it as a store of value—not a currency replacement. It's a subtle but significant shift in how traditional finance views digital assets.

The narrative is changing. When central bankers start putting Bitcoin in the same category as precious metals, you know institutional perception is evolving. Whether you're bullish or skeptical, this kind of regulatory commentary shapes market sentiment.