“The Federal Reserve simply does not have authority to supervise or regulate bitcoin in any way”
- Janet Yellen, Chair of the US Federal Reserve, Feb 27, 2014
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Great quote. True Quote
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She might be right although it is amazing what the bankers think are within their control.
Her tenure is up soon with it looking like someone else will come in. Who knows what that person will bring to that table.
We must remember the Fed is owned by the banks...it is their toy. The fact it has the word Federal in it means nothing.
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