[2014-05-18] Federal Reserve’s Bitcoin Policy Begins to Take Shape

[row5_seat47]

On Friday, May 9th, 2014, the Federal Advisory Council and Board of Governors of the Federal Reserve met for their quarterly meeting in Washington D.C....

http://bitcoinmagazine.com/13165/federal-reserves-bitcoin-policy-be

[1714156233]

1714156233

[Chef Ramsay]

The report specifically stated that Congress is interested in Bitcoin because of its effect on the ability of the “Federal Reserve to meet its objectives
(of stable prices,          : Fail
maximum employment, : Fail
and financial stability)”  : Fail
and discusses whether or not “Bitcoins {Will} Affect the Fed’s Conduct of Monetary Policy.”

Bold is mine and Freakin-A-Right it's going to affect their failed mission. We want out of their failed slave box and there's not many credible things they can do to put the cat back in the bag.

[FutureMoneyTrends]

The report specifically stated that Congress is interested in Bitcoin because of its effect on the ability of the “Federal Reserve to meet its objectives
(of stable prices,          : Fail
maximum employment, : Fail
and financial stability)”  : Fail
and discusses whether or not “Bitcoins {Will} Affect the Fed’s Conduct of Monetary Policy.”

Bold is mine and Freakin-A-Right it's going to affect their failed mission. We want out of their failed slave box and there's not many credible things they can do to put the cat back in the bag.

Amen that

Bitcoin Will End the Federal Reserve Currency Monopoly
http://www.youtube.com/watch?v=bnGCtV4LcRk

[row5_seat47]

surprised as to the lack of response by bitcointalk community on this article...

[FutureMoneyTrends]

surprised as to the lack of response by bitcointalk community on this article...

Swing over to reddit where there's 69 comments:
http://www.reddit.com/r/Bitcoin/comments/25wlgv/federal_reserves_bitcoin_policy_begins_to_take/

[row5_seat47]

Swing over to reddit where there's 69 comments:
http://www.reddit.com/r/Bitcoin/comments/25wlgv/federal_reserves_bitcoin_policy_begins_to_take/

I've been watching your vids on Youtube for years.... Vision Victory right?

Anyway let's do a count

120,780 "readers" on the Bitcoin sub Reddit

317,038 total members on BitcoinTalk.
https://bitcointalk.org/index.php?action=mlist

hence the surprise I guess..

last time I did a count was here:
http://letstalkbitcoin.com/bitcoin-professionals-double-in-four-months/

too bad though.. I counted the number of users on LinkedIn that listed Litecoin... it was so small at the time I dismissed Litecoin as an investment and for the article.  Would have been an amazing buy in September...

I think I just went off-topic.,,

[FutureMoneyTrends]

I've been watching your vids on Youtube for years.... Vision Victory right?

ya!

[erono]

Do US citizens have to declare their income and their holdings to the tax authorities ? No one actually holds bitcoin, merely a key which allows signing of transactions, would this key have to be declared ?

[row5_seat47]

Addendum to Federal Reserve Bitcoin Story at Bitcoin Magazine
https://medium.com/p/ef3ca32399b6

[fancy_pants]

Over the coming months, it will be interesting to see these masters of illusion reinvent themselves as the people who invented bitcoin.

[barney_stinson]

But I always believed that the key is private information and it couldn't be disclosed to anyone. Am I right?

[row5_seat47]

But I always believed that the key is private information and it couldn't be disclosed to anyone. Am I right?

that's up to you.  If your government says "hand over your keys" or go to jail... what are you going to do?

They made folks hand over gold.  Some held onto their gold against the government's will.  That's a choice you may have to make in a dystopian future.


you could post your private key right now on this forum if you wanted to.... but say goodbye to your Bitcoins if you do!