Former Federal Reserve Governor Kevin Warsh: Investing in Bitcoin provides a better understanding of the current financial system.

Former Fed Chairman Kevin Wash told CNBC that Bitcoin made sense when investing in a currency that is now the weak US dollar, according to a report by U.Today. He said that part of the huge money flowing into Bitcoin today comes from gold. He also believes gold collecting would be better without Bitcoin. Kevin Warsh said, "Without bitcoin gold would rise more now, but if you're under 40 I think bitcoin is the new gold. In a time when the dollar is weak, bitcoin is doing it." Do not be surprised. "