will it come ture?
i dont think so
the fed will shoot the bitcoin
because bitcoin hurt the fed's benefit
Topic: If I was chairman of the Fed (Read 2636 times)
If you were the chairman of the FED you would be a puppet.
Bitcoin is not in the best interest of the bank. They will have to go against it at some point, probably in a covert way (their normal modus). The worst thing they can do to protect themselves, is to do nothing.
Totally, and it is actually the opposite. Bitcoin could kill the banks. They're afraid.
Nope.
To do such a thing would require near universal adoption of Bitcoin and that will not happen.
My $.02.
Bitcoin is not in the best interest of the bank. They will have to go against it at some point, probably in a covert way (their normal modus). The worst thing they can do to protect themselves, is to do nothing.
Totally, and it is actually the opposite. Bitcoin could kill the banks. They're afraid.
if i was the FED chairman
I would abolish the FED and let the country create its own money thereby benefiting from the seniorage
I would abolish the FED and let the country create its own money thereby benefiting from the seniorage
End the Fed? Don't just talk about it. Do it! With bitcoin.
Ignore the Fed is easier, and a big step in the right direction.
End the Fed? Don't just talk about it. Do it! With bitcoin.
you can keep dreamin 
, fact is, none of this will happen
fed is corupt, fed is evul
, fact is, none of this will happenfed is corupt, fed is evul
Don't worry, the anarchists / extreme libertarians like yourself will be marginalized to the outside of the Bitcoin camp.
Bitcoin is a reformation of monetary systems, not a social revolution against the government.
Nice thoughts and dream on!
My $.02.
you can keep dreamin , fact is, none of this will happen
fed is corupt, fed is evul
, fact is, none of this will happenfed is corupt, fed is evul
Don't worry, the anarchists / extreme libertarians like yourself will be marginalized to the outside of the Bitcoin camp.
Bitcoin is a reformation of monetary systems, not a social revolution against the government.
you can keep dreamin , fact is, none of this will happen
fed is corupt, fed is evul
, fact is, none of this will happenfed is corupt, fed is evul
if fed buy most of bitcoin... we bitcoiners will probally move to bitcoin 2.0 or fork bitcoin so fed's ownership is void
Sorry to be a grammar Nazi but that should be "If I WERE chairman................".
How I mourn the decline of the subjunctive!
My $.02.
How I mourn the decline of the subjunctive!
My $.02.
If i was chairman of the fed, i would be trying to slander bitcoin as much as possible because it poses a threat to the fed's vice grip control over monetary policy. Then on the backend, I would probably be having everyone in my family stock up on as many bitcoins as possible lol
Well, yeah, but this though experiment is intended to explore what you could do from the position as Fed Chair to fulfill the Fed's dual mandate. Vice grip control is assumed.
Honestly, what other options does the Fed have at this point except try to blow another bubble, one that won't cause excessive inflation? That's kind of like trying to make a baby without causing excessive pregnancy.
The Fed loves inflation, otherwise they would stop printing so much more money to finance all these stupid wars..
Bitcoin is not in the best interest of the bank. They will have to go against it at some point, probably in a covert way (their normal modus). The worst thing they can do to protect themselves, is to do nothing.
I don't think head of fed can just buy anything he wants.
If I were the Fed's Chairman, I would be a lady, a tiny fragile yet very intelligent woman. I would not be afraid of Bitcoin, yet. I would dress up a project in corporation with NSA and FBI, let them inject some virus in the confiscated 170k BTCs and auction them to the greedy population. A year later I would spread the devastating truth and activate the virus. Bye bye Bitcoin. This costs not even one penny. Just a thought-experiment of course.
Someone would have to almost want to be infected. A public or private bitcoin address is not executable code. The metadata could provide a hash for such code, but couldn't execute it without some catalyst.
If I were the Fed's Chairman, I would be a lady, a tiny fragile yet very intelligent woman. I would not be afraid of Bitcoin, yet. I would dress up a project in corporation with NSA and FBI, let them inject some virus in the confiscated 170k BTCs and auction them to the greedy population. A year later I would spread the devastating truth and activate the virus. Bye bye Bitcoin. This costs not even one penny. Just a thought-experiment of course.
There would be polonium in your toothpaste. If you survived all the way to the bathroom, that is. But hey, I'd vote for it. (The policy, not the toothpaste.)
The only votes the Fed Chair needs are the Fed Board member's votes. I'm assuming a bunch of yes-men for this hypothetical. That's prolly not much of a stretch.
If i was chairman of the fed, i would be trying to slander bitcoin as much as possible because it poses a threat to the fed's vice grip control over monetary policy. Then on the backend, I would probably be having everyone in my family stock up on as many bitcoins as possible lol
Well, yeah, but this though experiment is intended to explore what you could do from the position as Fed Chair to fulfill the Fed's dual mandate. Vice grip control is assumed.
Honestly, what other options does the Fed have at this point except try to blow another bubble, one that won't cause excessive inflation? That's kind of like trying to make a baby without causing excessive pregnancy.
If i was chairman of the fed, i would be trying to slander bitcoin as much as possible because it poses a threat to the fed's vice grip control over monetary policy. Then on the backend, I would probably be having everyone in my family stock up on as many bitcoins as possible lol
In other words, just another devotee of Karhu.
Jump to: