All financial transactions are controlled by the US Federal Reserve Bank... "The FED" ... Except CryptoCurrency.
"The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises."
https://en.wikipedia.org/wiki/Federal_Reserve
Headline: Bitcoin Threatens To 'Take Power' From The U.S. Federal Reserve. U.S. Congressman Brad Sherman last week introduced a bill to ban bitcoin and cryptocurrencies.
"An awful lot of our international power comes from the fact that the U.S. dollar is the standard unit of international finance and transactions," Sherman said at a meeting of the House Financial Services Committee last week.
"Clearing through the New York Fed is critical for major oil and other transactions. It is the announced purpose of the supporters of cryptocurrency to take that power away from us, to put us in a position where the most significant sanctions we have against Iran, for example, would become irrelevant."
https://www.forbes.com/sites/billybambrough/2019/05/15/a-u-s-congressman-is-so-scared-of-bitcoin-and-crypto-he-wants-it-banned/#2045e8816405
https://www.rt.com/shows/to-the-moon/
Max and Stacy take you on an exciting journey TO THE MOON in their new series all about bitcoin. They look at the freaks, the geeks, the trolls, the cypherpunks, and all those who got REKT along the way.
https://www.rt.com/shows/to-the-moon/457141-bitcoin-digital-currencies-revolution/
In the genesis episode of TO THE MOON, Max and Stacy ask: “What is bitcoin? What was the actual beginning? Was it the genesis block on January 3, 2009? Or the Bitcoin White Paper published on October 31, 2008? Or were the seeds first planted in the early digital currencies created by the cypherpunks a decade earlier?”TO THE MOON also asks: “What did Satoshi want?” Early bitcoin contributor, Amir Taaki, believes Satoshi’s genesis block message was very political, that the decision to publish the Times front page headline, “Chancellor on Brink of Second Bailout for Banks” was not random but rather signals intent. Jimmy Song says Satoshi wanted money that wasn’t controlled by a centralized authority and the best store of value ever created. Giacomo Zucco believes he wanted a monetary policy revolution. TO THE MOON then talks to Bill Barhydt of Abra about cypherpunks, what they wanted and how that influenced the revolution that is bitcoin. Nozomi Hayase says ‘cypherpunks write code’ and the bitcoin code embodies the ideals of natural law. Also in this episode, prominent bitcoiners like investor Trace Mayer, security engineer Jameson Lopp, entrepreneur and coder Rodolfo Novak, and Marshall Long, who was an early miner, provide insight into the ideology and ideas unleashed by bitcoin. The journey then takes them to the radical monetary experiment of QE which began only weeks after the Bitcoin White Paper was first published.
"The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises."
https://en.wikipedia.org/wiki/Federal_Reserve
Headline: Bitcoin Threatens To 'Take Power' From The U.S. Federal Reserve. U.S. Congressman Brad Sherman last week introduced a bill to ban bitcoin and cryptocurrencies.
"An awful lot of our international power comes from the fact that the U.S. dollar is the standard unit of international finance and transactions," Sherman said at a meeting of the House Financial Services Committee last week.
"Clearing through the New York Fed is critical for major oil and other transactions. It is the announced purpose of the supporters of cryptocurrency to take that power away from us, to put us in a position where the most significant sanctions we have against Iran, for example, would become irrelevant."
https://www.forbes.com/sites/billybambrough/2019/05/15/a-u-s-congressman-is-so-scared-of-bitcoin-and-crypto-he-wants-it-banned/#2045e8816405
https://www.rt.com/shows/to-the-moon/
Max and Stacy take you on an exciting journey TO THE MOON in their new series all about bitcoin. They look at the freaks, the geeks, the trolls, the cypherpunks, and all those who got REKT along the way.
https://www.rt.com/shows/to-the-moon/457141-bitcoin-digital-currencies-revolution/
In the genesis episode of TO THE MOON, Max and Stacy ask: “What is bitcoin? What was the actual beginning? Was it the genesis block on January 3, 2009? Or the Bitcoin White Paper published on October 31, 2008? Or were the seeds first planted in the early digital currencies created by the cypherpunks a decade earlier?”TO THE MOON also asks: “What did Satoshi want?” Early bitcoin contributor, Amir Taaki, believes Satoshi’s genesis block message was very political, that the decision to publish the Times front page headline, “Chancellor on Brink of Second Bailout for Banks” was not random but rather signals intent. Jimmy Song says Satoshi wanted money that wasn’t controlled by a centralized authority and the best store of value ever created. Giacomo Zucco believes he wanted a monetary policy revolution. TO THE MOON then talks to Bill Barhydt of Abra about cypherpunks, what they wanted and how that influenced the revolution that is bitcoin. Nozomi Hayase says ‘cypherpunks write code’ and the bitcoin code embodies the ideals of natural law. Also in this episode, prominent bitcoiners like investor Trace Mayer, security engineer Jameson Lopp, entrepreneur and coder Rodolfo Novak, and Marshall Long, who was an early miner, provide insight into the ideology and ideas unleashed by bitcoin. The journey then takes them to the radical monetary experiment of QE which began only weeks after the Bitcoin White Paper was first published.
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