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.
Yes ... now how is that "Audit the Fed" bill progressing through Congress?
Why do they not want to be audited? Do they not like accountability, transparency, etc?