Topic: [2015-01-29] The Federal Reserve Bitcoin Strategy (Read 717 times)
The title should read "Fed expands business hours one additional hour per day". Everything else appears to be prattle to trick the search engines.
https://www.cryptocoinsnews.com/federal-reserve-bitcoin-strategy/
A U.S. payment system that is safe, efficient and broadly accessible is vital to the U.S. economy… the Federal Reserve plays an important role in promoting these qualities as a leader, catalyst for change and provider of payment services.
In its preface, “Strategies for Improving the U.S. Payment System”, a white paper released Monday morning, 15/27/01, by The Federal Reserve re-affirms that commitment. The document is a follow-up to the Fed’s 2013 “Payment System Improvement – Public Consultation Paper.” At the time of the 2013 report, digital currency was “not considered a sufficiently mature technology.” But, today, we are an “emergent payment infrastructure” and the Fed sees value for some Bitcoin technology within its current system.
A U.S. payment system that is safe, efficient and broadly accessible is vital to the U.S. economy… the Federal Reserve plays an important role in promoting these qualities as a leader, catalyst for change and provider of payment services.
In its preface, “Strategies for Improving the U.S. Payment System”, a white paper released Monday morning, 15/27/01, by The Federal Reserve re-affirms that commitment. The document is a follow-up to the Fed’s 2013 “Payment System Improvement – Public Consultation Paper.” At the time of the 2013 report, digital currency was “not considered a sufficiently mature technology.” But, today, we are an “emergent payment infrastructure” and the Fed sees value for some Bitcoin technology within its current system.
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