That is definitely a good read. The information is solid and unbiased.
An interesting quote from the head of FinCEN:
"... those obligations to protect the U.S. financial system from money laundering need to be taken seriously." It is odd that she considers money laundering a threat to the financial system. That is like saying that "resisting arrest" is a threat to the population, or that paying your taxes without filing a 1040 (which is a crime) is a threat to the U.S.
Topic: Richmond Federal Reserve Bank: New Private Currencies Like Bitcoin Offer Potenti (Read 932 times)
January 10, 2014, 05:27:25 PM
January 09, 2014, 09:39:36 PM
Richmond Federal Reserve Bank: New Private Currencies Like Bitcoin Offer Potential — and Puzzles
http://www.richmondfed.org/publications/research/econ_focus/2013/q3/pdf/feature1.pdf
Here some views on bitcoin from the Richmond Federal Reserve Bank
http://www.richmondfed.org/publications/research/econ_focus/2013/q3/pdf/feature1.pdf
Here some views on bitcoin from the Richmond Federal Reserve Bank
Jump to: