US Federal Reserve Official Says He’s Interested in Bitcoin Technology
16 April, 2014
A representative of the US Federal Reserve spoke out about bitcoin today at a town hall meeting at North Dakota State University, Reuters reports.
Addressing the audience, Minneapolis Federal Reserve Bank President Narayana Kocherlakota indicated he is interested in bitcoin’s underlying technology, but not its use as a currency.
Kocherlakota also responded to the suggestion that bitcoin could ever become a legitimate competitor to the US dollar, stating: