Topic: Bernanke Former Fed Chairman Comments.... (Read 147 times)
I think a lot of these government types think it's a huge bubble and they are protecting the people, or that ICOs should only got to accredited investors because they are too risky and non transparent, or businesses should only be launched in traditional ways....
This was the guy that admitted the federal reserve triggered the great depression in the us
https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/richardsalsman/2011/07/17/how-bernankes-fed-triggered-the-great-recession/&refURL=https://www.google.com.hk/&referrer=https://www.google.com.hk/
Nothing but a hatchet man for the new world order
https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/richardsalsman/2011/07/17/how-bernankes-fed-triggered-the-great-recession/&refURL=https://www.google.com.hk/&referrer=https://www.google.com.hk/
Nothing but a hatchet man for the new world order
Since he's flip-flopped on his position 4 years ago- yeah. I think it might be dawning on him that in a decentralised world, he's as useful as a chocolate teapot, and so are all his glad-handing friends. BTC was always a declaration of war directly on his handling of the 2007-2008 crisis and the behaviour of the banks.
The two questions are:
1) whether the rumour that the NSA identified Satoshi Nakamoto (https://medium.com/cryptomuse/how-the-nsa-caught-satoshi-nakamoto-868affcef595)- whoever he/she/they is/are is true. If they have, Satoshi has a shit ton of BTC (claims vary but it's in the 100,000s), and they could deploy in very disruptive ways.
2) Can they control the ingress and egress of fiat into cryptocurrency and back? They certainly gave it a really good shot a few years back at the height of the Silk Road drama, and it's an easy choke point.
The two questions are:
1) whether the rumour that the NSA identified Satoshi Nakamoto (https://medium.com/cryptomuse/how-the-nsa-caught-satoshi-nakamoto-868affcef595)- whoever he/she/they is/are is true. If they have, Satoshi has a shit ton of BTC (claims vary but it's in the 100,000s), and they could deploy in very disruptive ways.
2) Can they control the ingress and egress of fiat into cryptocurrency and back? They certainly gave it a really good shot a few years back at the height of the Silk Road drama, and it's an easy choke point.
Enough regulations can go a long way I think, the network would keep going, but other measures can be taken.
I just do not get it with the comments of the former Fed chairman...Bernanke basically stated the governments will take any action needed to prevent Bitcoin. Really apparently he has not done his reading or homework on this matter.
Maybe he is rattled with the growth of Bitcoin and wants to side with his friend Jamie Dimon.
Maybe he is rattled with the growth of Bitcoin and wants to side with his friend Jamie Dimon.
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