“A top U.S. Federal Reserve official said on Tuesday he is interested in the fast-emerging bitcoin, although he scoffed at the idea that the virtual currency could replace the dollar. Minneapolis Federal Reserve Bank President Narayana Kocherlakota, speaking at a town hall at North Dakota State University, said he is interested in bitcoin as a technology, not as a currency. He speculated that bitcoin could make payments among individuals faster. ‘That’s where I think the interest of it is, myself, as opposed to a new currency that’s going to drive the U.S. dollar out of circulation.'”
http://www.reuters.com/article/2014/04/16/us-usa-fed-kocherlakota-bitcoin-idUSBREA3F03120140416
(Visited 34 times, 1 visits today)
Related posts:
IRS Says You Owe Tax? Congress Will Take Your Passport Starting January 1
Fast food CEO: How govt regulation is driving us abroad
Cop assaults camerawoman after being caught soliciting a bribe
Trump Retreats on Separating Families, but Thousands May Remain Apart
$2 Trillion Underground Economy May Be Recovery's Savior
Student protest in Mexico turns violent, 176 arrested
Study proves pesticide exposure linked to bumblebee colony failures
Victims of Police Beat-down Say Video Proves Brutality
Australian postal workers who send porn from work e-mail will no longer be sacked
FHA exhausts reserves, may need bailout
Students, troops clash in Venezuela over election
Drones killing innocent Pakistanis, U.N. official says
Megaupload founder Kim Dotcom plans to launch new political party in New Zealand
‘The Rendition Project’ sheds new light on U.S. global kidnap and secret detention program
Throwing children in prison turns out to be a really bad idea