[2016-03-29] "I think that Bitcoin could be the world's next great safe asset."

[LiteCoinGuy]

"I think that Bitcoin could be the world's next great safe asset." - David Andolfatto -  Vice President of the St Louis Federal Reserve

This brings me to Bitcoin. I think that Bitcoin could be the world's next great safe asset. At least, it certainly seems to have all the properties that are desired in a safe asset.

http://andolfatto.blogspot.de/2016/03/is-bitcoin-safe-asset.html

[Carlton Banks]

All it's gonna take now is for Trump to get elected (and let's not pretend here, he will, like it or not). He'll be saying "Dollar? Use what you want guys, I'll be instructing the IRS to evaluate any barter offer".

Then the whole shit-show is done. Not sure exactly what to expect, but some variation of "chaos" is likely to begin with.

[Denker]

It's not the first time that Andolfatto writes/speaks about Bitcoin.
Beside him I would like to know how other FED members really think about our beloved crypto.

[LiteCoinGuy]

It's not the first time that Andolfatto writes/speaks about Bitcoin.
Beside him I would like to know how other FED members really think about our beloved crypto.

but i neaver heard that he spoke about it so positively

[BellaBitBit]

More good news and coming from an official such as Andolfatto. This does nothing but put bitcoin in a more positive spotlight. And he is correct, it is the WORLDS next great safe asset.