FED PRESIDENT LACKER: I Don't See Why The Fed Would Want To Stop Bitcoin - منتديات الرياضة

rss · #1 12-23-2013, 08:23 PM

FED PRESIDENT LACKER: I Don't See Why The Fed Would Want To Stop Bitcoin

Growth in China — **w put on hold — wasn't the only reason for Bitcoin's insane surge in **vember.

The U.S. Senate also held two days' worth of hearings on the digital currency, giving it a mostly favorable.

Meanwhile, Fed Chairman Ben Bernanke submitted a letter to the Senate stating digital currencies like Bitcoin "may hold long term promise."

But opportunities for the media to directly and publicly ask a regulator about the government's stance on Bitcoin have been limited.

Until this morning.

On CNBC's "Squawk Box," host Joe Kernen got Richmond Fed PRESIDENT Jeffrey Lacker to ack**wledge that at this point, the Fed has ** interest in meddling with Bitcoin.

Here's the full exchange:

LACKER: "It's private money. They're going to have trouble gaining market share if its value's going to fluctuate so much. But it'll be interesting to watch.

Kernen: "But what is the position of the fed from a policy perspective if there is one? Or what do you think the position of the U.S. government should be on Bitcoin, or other virtual currencies?"

LACKER: "That's — for what they're doing, it's a free market and I Don't see why they have an interest in stopping it — at this point."

Bitcoin prices are back up to more than $680, after hovering around $600 for most of the weekend.

SEE ALSO: Dogecoin Prices Collapsed This Weekend

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PRESIDENT LACKER: Don't Would Want