Quote from: cuddaloreappu on January 26, 2015, 09:41:50 AM

Quote from: ivyleague1985 on January 26, 2015, 04:44:53 AM

Quote from: ivyleague1985 on January 26, 2015, 04:33:00 AM

From the birth of those new products, we can see the changing attitude of the regulators. Instead of leaving bitcoin in the corner and letting it kidnapped by drug dealers or underground economies, why not use it for good purpose?

I believe more and more bitcoin products will arrive in the USA, if the regulators are adjusting their attitude favorably like this.

New products could include:

Saving accounts accepting bitocins and paying bitcoin-unique interest rate,

Term loans based on bitcoins,

Corporate bonds denominated in bitcoins,

IPOs denominated in bitcoins.

The marriage between bitcoins and the Wall Street will be blessing and magnificent to all supporters like us.

A conspiracy theory of mine is that FED surely want to do more QE to boost the economy and to win the currency war against depreciating Euro, Yen and RMB.

However, the printing of new USD is tightly monitored by the republican senate and congress.

How to get around of that? Yep, approving bitcoin related products and making it a de-factor currency. Then the inflationary bitcoins at the distribution stage will funciton like "newly printed USD pouring into the economy".

So the hypothesis is "using bitcoins to implicitly QE the U.S. economy".

I agree with your theory! but this time the economy will recover since wealth is given to us which we will spend wisely unlike the banks

Exactly, QE with newly printed USD, the big banks will get the wealth from the helicopter (a metaphor for fed) first.

QE with bitcoins, the IT guys and the middle classes who have entrepreneurial courage will get the wealth from the helicopter first.

The result is exactly what Obama wants and the Democratic wants.