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RE: Bitcoin Not a Threat to Financial Systems, Says US Chief Financial Regulator
That looks like an important report, and thanks for bringing us some of its key points @ lisafroelings . I wonder if he took any time to inform us about where the real worrisome threats are? (That’s a sarcastic question.)
Did he also make the point that with the public block chains, the more prominent ones that is, law enforcement has an easier time tracking down criminals than they do with people who are using cash to do bad things?
As you may be aware, there is an important potential for community crypto currencies to make major contributions to lifting people out of poverty, in terms of access to basic goods and services.
Cheers!