America's biggest bank wants in (on this truly free currency)
from Money Morning
As Bitcoin matures and its acceptance grows, it's likely to become a valid form of money. And that's certainly helped to draw a lot of attention. On Nov. 18, 2013, the Department of Justice said Bitcoin can be a "legal means of exchange." Bernanke himself even stated in a letter to the Senate panel that Bitcoin "may hold long-term promise, particularly if the innovations promote a faster, more secure, and more efficient payment system." François R. Velde, senior economist of the Federal Reserve in Chicago, labeled it as "an elegant solution to the problem of creating a digital currency."
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