Federal regulators warn consumers about Bitcoin risks

Posted by richrobinson 10 years, 9 months ago to The Gulch: General
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For some reason I always get nervous when the government tries to protect me. The Fed has not exactly done a great job of preserving the value of the dollar.

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  • Posted by CircuitGuy 10 years, 9 months ago in reply to this comment.
    "I like the wild west."
    I do too. The Fed has done a great job during my adult lifetime, but I always like competition.
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  • Posted by CircuitGuy 10 years, 9 months ago
    " the agency noted that the currencies are not backed by the government"
    It's not backed by the gov't? Oh no!!
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  • Posted by Solver 10 years, 9 months ago
    "The Fed has not exactly done a great job of preserving the value of the dollar."

    Well some 45 years later I can still take my dollars and buy a Big Hunk candy bar. It just costs 20 times more.
    Another thing, most of the coins I had back then were made of silver.
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  • Posted by LetsShrug 10 years, 9 months ago
    You mean like when the SSI warned the country about the dangers of Rearden Metal? Coming up next, confiscation for the public good.
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