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Wednesday, January 28, 2015

THE FEDERAL RESERVE BITCOIN STRATEGY

By Alex Gorale

fishThis morning The Federal Reserve Bitcoin Strategy was released in a paper outlining multiple options for improving the U.S. payment system.
In the past, Digital currency had been deemed too immature. Now, after pressure from private sector interests, the Fed is seriously analyzing the benefit of incorporating Bitcoin code in the U.S. fiat 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…”

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