Kevin Warsh said Bitcoin is gaining traction among younger people as a store-of-value alternative and as an alternative currency, according to the provided statement.
Kevin Warsh, identified in the source as Federal Reserve Chair, said Bitcoin is becoming the "new gold" for people under 40 and is gaining renewed momentum as an alternative currency. The remark highlights Bitcoin’s role as a digital asset often viewed by supporters as a hedge and a non-sovereign alternative to traditional money, although the source provides no further policy details, market data, or context around the statement.