カテゴリー: Federal Reserve

How the Government Gave Your Money to the Banks – Again and Again

How the Government Gave Your Money to the Banks - Again and AgainBitcoin was created to bring back people’s control over their own hard-earned money. Perhaps no greater example exists of how we don’t currently have real influence over how our capital is being spent than banks getting bailouts from the government at taxpayer expense.  Also Read: Coinsource Installs 20 Bitcoin ATM Machines Around Washington DC A […]

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New Bitcoin-Only Shop Open in New Hampshire

Free State Bitcoin Shoppe is Open in New HampshireDerrick J. Freeman and Steven Zeiler founded what they claim is the first crypto-only brick and mortar retail establishment in the US, the Free State Bitcoin Shoppe. Visitors pay for merchandise with cryptocurrencies like bitcoin. If they don’t have cryptocurrency, the store clerk helps them download and fund their first wallet. They checkout using an […]

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Senate Candidate Accepts Largest Contribution in BTC

Republican Candidate Austin Petersen Accepts the Largest Campaign Contribution Paid in BTCThis week the Republican Senate candidate Austin Petersen announced he accepted the largest federal election campaign contribution settled in digital currency. Petersen, a former Libertarian, has received a total of 24 cryptocurrency donations this year, and the largest was for 0.284 BTC ($4,500 USD). Also Read: U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure Guidelines […]

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St. Louis Federal Reserve Reps in Favor of Cryptocurrencies

Federal Reserve Reps of St. Louis in Favor of CryptocurrenciesAleksander Berentsen and Fabian Schär of the Federal Reserve Bank of St. Louis have recently published an article that emphasizes many of the benefits of cryptocurrencies. The article states “that cryptoassets are well suited to become an important asset class,” in addition to offering praise regarding a number of the major applications associated with cryptocurrencies. […]

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Goldman Sachs Recognizes Bitcoin’s Future Potential

Goldman Sachs Recognizes Bitcoin's Future PotentialFirst, Jamie Dimon of JP Morgan Chase says he regrets calling bitcoin a fraud. Now, legacy bank Goldman Sachs is formally recognizing how cryptocurrencies such as bitcoin could act as global money. 2018 might be shaping up to be the year bitcoin gets more mainstream than ever. Also read: Huge Bitcoin Conference Stops Accepting Bitcoin […]

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Rise of the Bitcoin Politician: Austin Petersen’s Scrappy Run for US Senate

Rise of the Bitcoin Politician: Austin Petersen’s Scrappy Run for US SenateIn the run-up to the 2018 November federal elections in the United States, at least three politicians are accepting bitcoin in donation, including an incumbent House member. One hopeful, Austin Petersen, is openly discussing the world’s most popular cryptocurrency’s benefits in his bid to win a US Senate seat. Also read: Tezos Foundation Board Member […]

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Federal Reserve Chair: “Fed Doesn’t Really Play Any Regulatory Role” in Bitcoin

Federal Reserve Chair: “Fed Doesn’t Really Play Any Regulatory Role” in BitcoinFollowing her next-to-last Federal Open Market Committee (FOMC) meeting, outgoing Federal Reserve (Fed) Chairwoman Janet Yellen gave a final scheduled press conference 13 December 2017 in Washington, DC. In a growing sign of its influence, once again bitcoin was introduced as a topic for consideration at the highest levels of finance. No fewer than three […]

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Bitcoin’s Price Rocket is Bringing Out New Prophets of Doom: Nobel Economist, Vanguard Founder, Fed Governor

Bitcoin's Price Rockets, Bringing Out New Prophets of Doom: Nobel Economist, Vanguard Founder, Fed GovernorCuriously, bitcoin’s success has brought out new prophets of doom (few below 60 years of age though), and the digital asset’s price only fuels their predictions: Nobel Prize-winning economist wants it outlawed, a legendary investment guru says it’s a plague, and a Federal Reserve Governor worries financial stability itself might be at risk. Also read: Egypt […]

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Trump and the Federal Reserve Are ‘Keeping an Eye on Bitcoin’

Trump and the Federal Reserve Are 'Keeping an Eye on Bitcoin'The U.S. government is very aware of cryptocurrencies and the rise of bitcoin. This week American authorities from multiple agencies such as the IRS, the Federal Reserve, and President Trump’s press secretary all explained they are monitoring cryptocurrencies and bitcoin’s recent popularity. Also read: It’s Official – CME Group to Launch Bitcoin Futures December 18 U.S. […]

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Former Fed Chairman Alan Greenspan: “Bitcoin is What Used to be Called Fiat Money”

Former Fed Chairman Alan Greenspan: “Bitcoin is What Used to be Called Fiat Money”Just recently the notorious former Federal Reserve chairman Alan Greenspan gave his opinion concerning the rise of bitcoin in 2017. The 91-year old Greenspan explains that he believes the decentralized currency is very much like the world’s unbacked fiat currencies. Also read: Are 2017’s Network Attacks ”Real” or Are Bitcoiners Growing Paranoid? The Former Master of […]

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