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Title: [2014-08-18] Bitcoin Currency: The New Frontier for the CFPB Post by: cescan on August 18, 2014, 11:10:19 AM http://www.forbes.com/sites/norbertmichel/2014/08/18/bitcoin-currency-the-new-frontier-for-the-cfpb/
Makes you wonder how the US survived until 1913 without just one government-backed currency. Richard Cordray, the CFPB’s Director, then piled on by adding: “Virtual currencies are not backed by any government or central bank, and at this point consumers are stepping into the Wild West when they engage in the market.” |