The Federal Reserve Bank of St. Louis recently likened Bitcoin to “regular currency.” Bitcoin’s lack of intrinsic value (similar to the U.S. dollar, the Euro, or the Swiss Franc), the limited supply of BTC, and the lack of a middleman (p2p) are all highlighted by Christine Smith at the St. Louis Fed. In a blog post published on the 25th of April, the St Louis Fed stated that: Und solange Bitcoin existiert und einen Wert ungleich Null hat, steht es anderen Menschen frei, es auch zu verwenden. Das Fazit der St. Louis Fed lautet: Die grundsätzliche Nachfrage nach Bitcoin ergibt sich aus der Tatsache, dass es zumindest einige Menschen gibt, die Wert auf [Dezentralisierung und Berechtigungslosigkeit] legen… For a bullish outcome, Bitcoin should appreciate relative to other cryptocurrencies, so that its share of the crypto market cap remains roughly constant. The St Louis Fed gives an example considering $5 and $10 bills, whereby an increase in supply of one decreases the value of both. But these bills have a fixed rate of exchange, which is not ... The Federal Reserve Bank of St. Louis recently released an article on Bitcoin and cryptocurrencies. The two authors of the report, Aleksander Berentsen and Fabian Schär explained the basics of Bitcoin and Cryptocurrenices and were surprisingly supportive. They make the case that cryptoassets are a desirable and important new asset class. They goes as far […] Read Full: St. Louis Fed Sees Future in Crypto As Important Asset Class, ... Bitcoin Whale Bets Binance CEO 10 BTC That Price Will Drop Below $8K. Bitcoin. Venezuela Bitcoin Trading Hits New Highs Amid US Embargo. Bitcoin. India Bitcoin Ban Recommendation Based on Flawed Arguments. Bitcoin . 21% of Bitcoin Hasn’t Moved for Five Years, Stroking Monumental Supply Shock. Bitcoin. Bitcoin ... St. Louis Fed VP: A Private Crypto Could Solve the ‘Triffin Dilemma’ Oct 2, 2018 at 21:30 UTC Federal Reserve stamp on a $100 bill (Oleg Golovnev/Shutterstock) Georgi Georgiev · April 29, 2018 · 1:00 bin The Federal Reserve Bank of St. Louis has expressed its stance on Bitcoin, laying out three qualities that it shares with cold, hard cash.. Früher in diesem Jahr, the US Internal Revenue Service (IRS) reminded that cryptocurrency transactions are to be taxed just like transactions of any other property. The same release, obwohl, sets a few ...
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