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Topic: 2014-03-18 Bloomberg (was)live -How to Deal With Bitcoin: Treasury...David Cohen (Read 3667 times)

legendary
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In Satoshi I Trust
hero member
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You're welcome! Here's another snippet from the same interview where the focus shifted completely to the current Ukraine situation and sanctions:  

http://www.bloomberg.com/video/will-russia-move-further-into-ukraine-7aLnhM58T6OE_RFW7w2Pgg.html


It started as an offshoot question after Cohen mentioned his responsibility on making sure sanctions are not bypassed (by "virtual currencies").  But this particular snippet was not about Bitcoin (nor "virtual currencies").

legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
hero member
Activity: 742
Merit: 500
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
hopefully there will be a video...
hero member
Activity: 742
Merit: 500
Thanks for the find/share!

Risks of virtual currency = illicit currency risks?  




He was answering when a reporter asked if [cryptocurrencies?] should be affraid of him and his title. He said something like "no" then said that his responsibility was to oversight FinCEN to make sure US sanctions were effective, terrorism-blablabla and money-laundering-etc were in place. Earlier and just now said that buying tickets, beer and cheetos with Bitcoin is not illegal.  

legendary
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HoneybadgerOfMoney.com Weed4bitcoin.com
Thanks for the find/share!

Risks of virtual currency = illicit currency risks? 


legendary
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Looks awesome, but sound not working... tried refreshing... sound only working for really loud commercials...

EDIT: hopefully a replay will be available later.
hero member
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He's not sure if "virtual currency" is a currency. It is a way to transfer value.

"The way to look at it is like other financial innovations." Makes a parallel with PayPal when it first came out (in the context of regulations always).
hero member
Activity: 742
Merit: 500


A representative from the "virtual currency community" to be included in some work group for regulations.

hero member
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How to Deal With Bitcoin: Treasury Financial Intelligence Chief David Cohen

http://www.bloomberg.com/live-stream/

*LIVE NOW*

Edit: just finished, lets see if an offline version pops up.

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