“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:
Spendopedia: Federal waste collection site opens on Internet
PayPal returns to market with $52 billion valuation
Al-Qaeda chief Ayman al-Zawahiri calls for U.S. attacks and economic boycott
EU Hardens Against Trump With United Stand on Trade and Iran
US, EU kick off Transatlantic Trade and Investment Partnership talks despite Snowden revelations
France freezes spending to hit EU targets as slump deepens
Disturbing Video Shows Court Officer Sexually Assaulting, Then Arresting Mother, Judge Does Nothing
U.S. flies B-52 bombers over South Korea
Return of Cash Sparks Emerging-Market Rallies
Saudis aiding U.S. drone attacks in Yemen: report
North Carolina sheriff’s office targeted Latinos
India Warns Kashmiris to Prepare for Nuclear War
Mayor pledges solution after police stop charities feeding homeless
British PM concedes vote on military action should await UN report
Microsoft Extends Parental Leave, Netflix Gives New Parents A Year Off