Uncle Sam, the Bitcoin Mogul

“The US federal government may be ladling on more regulations to Bitcoin and making disparaging comments about the cyber-currency, but it’s one of the largest holders of the virtual money in the world.  The federal government has trashed Bitcoin by way of an investor alert from the Financial Industry Regulatory Authority entitled ‘Bitcoin: More than a Bit Risky.’ FINRA said it issued the alert to caution investors that buying and using digital currency, such as Bitcoin, carries risks. The government still holds 110,000 bitcoins, worth $55 million at today’s price.  The US government is the second largest single holder of this unregulated, potentially ‘worthless’ digital currency.”

http://www.caseyresearch.com/articles/uncle-sam-the-bitcoin-mogul

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin