Fed expects near 0% interest rates for years, potentially boosting BTC's value proposition

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Fed expects near 0% interest rates for years, potentially boosting BTC's value proposition The U.S. Federal Reserve's game plan going forward includes short-term interest levels between 0% and 0.25%, as decided by Fed brass in a Sept. 15 and 16 gathering. The independent body plans to maintain low interest rates in order to increase inflation, based on a Sept. 16 report from CNBC. Such news shines a light on Bitcoin as a store of value. The blockchain-based currency is largely immune to such actions, as it is protected against inflation by its permanent cap of 21 million coins.

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