Local

Consumer Warrior Clark Howard: The feds getting involved with cryptocurrencies is a good thing

Jacksonville FL — With the federal government reportedly wanting to get involved in the cryptocurrency game, Consumer Warrior Clark Howard says it would be welcomed news. Clark says having the feds involved would bring stability to the currencies.

“Right now, crypto is kinda crazy, ya know, the values go up and down, up and down, up and down. It’s not like real money, you can’t go use it routinely for normal things and you don’t even know what it’s worth minute to minute.” Clark says.

Clark says the feds would bring a value to a cryptocurrency that would be the same as the US Dollar. He says we are headed for essentially a digital version of a US Dollar.

For more from Clark Howard, click here.

©2022 Cox Media Group

Steven Ponson

Steven Ponson, News 104.5 WOKV

Steven Ponson is the Co-Anchor of Jacksonville's Morning News. He has been with Cox Media Group since the summer of 2015, and with WOKV since mid-2017.