Post
Topic
Board Press
Re: Chicago Fed Letter
by
symaxian
on 07/11/2013, 03:13:41 UTC
Quote
Although some of the enthusiasm for bitcoin is driven by a distrust of state-issued currency, it is hard to imagine a world where the main currency is based on an extremely complex code understood by only a few and controlled by even fewer, without accountability, arbitration, or recourse.

says the Chicago branch of the Federal Reserve, apparently without any sense of irony whatsoever.   Grin

Yeah I literally cracked up laughing at that. Somewhere out there in the infinite multiverse there is a universe that has collapsed in on itself due to the inanity of that statement.