[2017-12-13] U.S. Federal Reserve Chair Janet Yellen Downplays Bitcoin

Bitcoin Forum

April 26, 2024, 03:16:14 PM

Welcome, Guest. Please login or register.

News: Latest Bitcoin Core release: 27.0 [Torrent]

Home

Help

Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2017-12-13] U.S. Federal Reserve Chair Janet Yellen Downplays Bitcoin

Pages: [1]

« previous topic next topic »

Author

Topic: [2017-12-13] U.S. Federal Reserve Chair Janet Yellen Downplays Bitcoin (Read 105 times)

Jgilpulg (OP)

Member

Offline

Activity: 137
Merit: 10

[2017-12-13] U.S. Federal Reserve Chair Janet Yellen Downplays Bitcoin

December 14, 2017, 02:49:00 AM

The good news is that Yellen does not seem to view the cryptocurrency as an imminent threat to the U.S. financial system.

https://bitcoinist.com/u-s-federal-reserve-chair-janet-yellen-downplays-bitcoin/

Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.

8270thNinja

Full Member

Offline

Activity: 210
Merit: 100

busy in real life, long post gap is understandable

Re: [2017-12-13] U.S. Federal Reserve Chair Janet Yellen Downplays Bitcoin

December 14, 2017, 03:49:05 AM

Quote from: Jgilpulg on December 14, 2017, 02:49:00 AM

Good to read this kind of article, it is not really a problem but the real problem here lies on the people who uses Bitcoin to perform bad actions , illegal actions, Fraud and Fake ICOs. We still need to wait for the development of this story, maybe this is just another story to pump up BTC and then later on someone will provide FUD articles.

Pages: [1]

Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2017-12-13] U.S. Federal Reserve Chair Janet Yellen Downplays Bitcoin

« previous topic next topic »

Jump to: