Bitcoin and the Federal Reserve

I’ll link this little article with little commentary. It just points to the increasing attention that Bitcoin is receiving in the mainstream monetary world. With all the VC money pouring into Bitcoin startups, I think we may have reached or be close to reaching critical mass where by outright banning of Bitcoin by the US government or even regulating it to death maybe nearly politically impossible. However, this doesn’t mean that it won’t be regulated and might not be regulated to an extent that it won’t curtail significant benefits.