“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
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Law enforcement demands smartphone 'kill switch'
Family of bystander killed during high-speed police chase sues police
Brazil Builds Internet Cable To Portugal To Avoid NSA Surveillance [2014]
German spies win right to keep monitoring all traffic at world's biggest internet hub
Ray Bradbury was investigated by FBI for ‘communist sympathies’
Indian gold imports set to resume after 4-week halt as export rule clarified
Vietnamese Take to Streets to Protest China Oil Rig
Renters to thank for healthier housing market
Iran: Oil for gold deals bypass sanctions, US unveils new penalties
Family thrown to ground, threatened with gun and taser for expired plates
Children are one of the 'War on Drugs' casualties
Judge calls D.C. police officer charged with child sexual abuse a ‘danger’
S&P: Britain's euroscepticism a major factor in EU's loss of triple-A rating
Indefinite Detention Injunction Does Irreparable Harm, Obama Admin. Lawyers Argue
Hello Kitty Doll Lands Tulsa State Fair Worker In Jail