The federal reserve board chairman here has declared that crypto coins do represent monetary value. He said that all new processes and technology start somewhere.
You are viewing a single comment's thread from:
The federal reserve board chairman here has declared that crypto coins do represent monetary value. He said that all new processes and technology start somewhere.
What will that do with regards to taxation in the US of said cryptos? Here they try anything to put people off buying them, including bribing youtube artists to talk trash about cryptos. https://cryptoslate.com/polish-central-bank-caught-funding-anti-cryptocurrency-youtube-campaign/
That really wasn't discussed. The discussion was brought forth because so many people had lost millions in scams/hacking, in order for those people to sue for monetary damage it had to be determined that crypto's had value. I am getting ready myself to go out today, I'll see if I can find the article later for you.
What gets me is that the same Gov't people that say BTC is for criminal transactions, totally ignore that most of the worlds criminal weapon and drug deals are done with cash, ..their cash, as in Dollars, Euros, Pound Sterling and such.
Like they say: Cash leaves no trails and tells no tales.
The biggest criminals wear suits and folks vote for them. :-)