“It’s a big moment for Bitcoin. The digital currency has gotten an official nod from the overseer of U.S. currency in the form of a primer out of the Federal Reserve Bank of Chicago. Senior economist François R. Velde wrote an elegant critique of the four-year-old currency, explaining its mechanics, limitations, and prospects for success, ultimately deeming it a ‘remarkable conceptual and technical achievement, which may well be used by existing financial institutions.’ If this were Economic Mean Girls, this is the part of the movie where Lindsay ‘Bitcoin’ Lohan gets friended by the powerful, popular crowd.”
Related posts:
Do You Recognize This Country?
Sweden’s small Arctic town of Kiruna plans to offer commercial space flights
Study: Level of military substance abuse now a 'public health crisis,' Pentagon care outdated
Japan's poverty gap has politicians calling for rise in minimum wage
WSJ: How MDMA Went From Club Drug to ‘Breakthrough Therapy’
IRS Backs Down: Michigan Forfeiture Cases Voluntarily Dismissed
America's 14 Most Pissed-Off Comments on the TSA's Airport Body Scanners
Woman Sues Pantego Police Over Burst Breast Implant
Prodi: Germany should seize opportunity to re-conquer Europe
Rome police bust massive marijuana plantation under Bank of Italy
To Make Sense of the Coins Act, Follow the Money
CFR Head Richard Haass: U.S. is going to take military action against Syria
AFP: War Powers Resolution gives Obama the power to attack Syria
Pentagon Confirms Court Martial Threat To Soldiers Who Share Christian Faith
'Brighter than a full moon': The biggest star of 2013... could be Ison - the comet of the century