Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Ghepetto on May 22, 2014, 07:25:03 PM



Title: Federal Reserve May 9 2014 Record of Meeting Transcript
Post by: Ghepetto on May 22, 2014, 07:25:03 PM
Please see "item 5 Bitcoin" which starts on page 10 of the pdf linked below if you would like to know what they had to say.

RECORD OF MEETING
 
Federal Advisory Council and (Federal Reserve) Board of Governors
 
Friday, May 9, 2014



http://www.federalreserve.gov/aboutthefed/fac-20140513.pdf





Title: Re: Federal Reserve May 9 2014 Record of Meeting Transcript
Post by: Jcw188 on May 22, 2014, 07:29:01 PM
can anyone summarize?  As long as they aren't talking about banning it, or adopting it formally, I don't think it matters what they say. 


Title: Re: Federal Reserve May 9 2014 Record of Meeting Transcript
Post by: blatchcorn on May 22, 2014, 07:33:45 PM
can anyone summarize?  As long as they aren't talking about banning it, or adopting it formally, I don't think it matters what they say. 
It really is not long.

It essentially believes bitcoin is a good thing but would benefit from more regulation


Title: Re: Federal Reserve May 9 2014 Record of Meeting Transcript
Post by: bitsmichel on May 22, 2014, 07:46:12 PM
Quote
It essentially believes bitcoin is a good thing but would benefit from more regulation

as in, they want to get the money  :) bitcoin is very regulated. You get confirmations by multiple nodes, can see transactions publicly etc;


Title: Re: Federal Reserve May 9 2014 Record of Meeting Transcript
Post by: jc01480 on May 22, 2014, 11:44:47 PM
A private company wants more government regulation.  Read: Uncle Sam, get control of that so we can run it.