Bitcoin Forum

Economy => Economics => Topic started by: knight22 on January 10, 2014, 02:39:36 AM



Title: Richmond Federal Reserve Bank: New Private Currencies Like Bitcoin Offer Potenti
Post by: knight22 on January 10, 2014, 02:39:36 AM
Richmond Federal Reserve Bank: New Private Currencies Like Bitcoin Offer Potential — and Puzzles
http://www.richmondfed.org/publications/research/econ_focus/2013/q3/pdf/feature1.pdf

Here some views on bitcoin from the Richmond Federal Reserve Bank


Title: Re: Richmond Federal Reserve Bank: New Private Currencies Like Bitcoin Offer Potenti
Post by: odolvlobo on January 10, 2014, 10:27:25 PM
That is definitely a good read. The information is solid and unbiased.

An interesting quote from the head of FinCEN:

"... those obligations to protect the U.S. financial system from money laundering need to be taken seriously." It is odd that she considers money laundering a threat to the financial system. That is like saying that "resisting arrest" is a threat to the population, or that paying your taxes without filing a 1040 (which is a crime) is a threat to the U.S.