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Title: [2013-12-26] Video - Fed has no interest in stopping bitcoin: J. Lacker said Post by: LiteCoinGuy on December 26, 2013, 07:25:56 PM Fed has no interest in stopping bitcoin: Lacker
http://video.cnbc.com/gallery/?video=3000230342 Title: Re: [2013-12-26] Video - Fed has no interest in stopping bitcoin: J. Lacker said Post by: Lethn on December 26, 2013, 07:43:52 PM That's insane, now I'm like Ron Paul and wondering why the hell they consider it money and are interested in it so much, is this going to be where they put their money when the dollar collapses and they all run off? I can see how the anonymity would look like a good thing to them.
Title: Re: [2013-12-26] Video - Fed has no interest in stopping bitcoin: J. Lacker said Post by: sedric398 on December 26, 2013, 08:04:38 PM Why would the FED have anything to do with regulating btc?
I think what they are saying is that there are other institutions who are more fit to do the job. Title: Re: [2013-12-26] Video - Fed has no interest in stopping bitcoin: J. Lacker said Post by: marcus_of_augustus on December 26, 2013, 09:49:42 PM bitcoin is freaking the establishment out ... they are running this way and that like headless chooks.
It's just great to see so many "experts" all getting off script and giving conflicting "messages" ... lol. Edit: and it is fitting that the Richmond Fed should be giving the "it's free market, bitcoin is private currency, what these guys are doing is okay" ... ... in all essence the Federal Reserve Debt notes are also a private currency, it is just that the boyz from NY-Fed hood-winked the stupid congress into giving them (unconstitutional) quasi-monopoly powers and the force of taxation law to coerce people into using their paper. Title: Re: [2013-12-26] Video - Fed has no interest in stopping bitcoin: J. Lacker said Post by: notthematrix on December 26, 2013, 10:20:18 PM We are all running towards a big Concrete wall and we all know that!
http://www.youtube.com/watch?v=hWtVTu6S51M (http://www.youtube.com/watch?v=hWtVTu6S51M) bitcoin might be the only way out , don't under estimate the power of evolution! Title: Re: [2013-12-26] Video - Fed has no interest in stopping bitcoin: J. Lacker said Post by: bitbouillion on December 27, 2013, 03:10:47 AM Lacker: "it's private money"
Title: Re: [2013-12-26] Video - Fed has no interest in stopping bitcoin: J. Lacker said Post by: oakpacific on December 27, 2013, 03:49:09 AM Am I the only one who misread his surname as "Lackey"....
Title: Re: [2013-12-26] Video - Fed has no interest in stopping bitcoin: J. Lacker said Post by: Lethn on December 27, 2013, 08:00:01 AM Why would the FED have anything to do with regulating btc? I think what they are saying is that there are other institutions who are more fit to do the job. The Federal Reserve are the ones who print the paper dollar, not congress and they've been controlling things behind the scenes for almost a century now so they often end up dictating monetary policy as well, so Bitcoin is something in direct competition with them and actually threatens their existence. |