St. Louis branch of the Federal Reserve has been surprisingly open to cryptocurrency, both as a technology and an asset class.
envisions a future in which cryptocurrencies play an important role.
the true value of bitcoin is $1,800, a figure that roughly correlates to
the cost of mining one bitcoin...which is similar to gold pricing--but
Bitcoin is a network, like FB or TWTR, (who sell data mining)---but each
bitcoin has an unbelievable amount of data to mine.(priceless)!
and with bitcoin cash BCH (the retail fork of Bitcoin),, the feds can
order the miners, to add 2% to the number of BCH tokens, thus
maintaining its 2% inflation targets! perfecto!