Federal regulators warn consumers about Bitcoin risks

Posted by richrobinson 11 years, 11 months ago to The Gulch: General
34 comments | Share | Flag

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.

All Comments

Previous comments...   You are currently on page 2.
  • Posted by CircuitGuy 11 years, 11 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.
    Reply | Permalink  
  • Posted by CircuitGuy 11 years, 11 months ago
    " the agency noted that the currencies are not backed by the government"
    It's not backed by the gov't? Oh no!!
    Reply | Permalink  
  • Posted by Solver 11 years, 11 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.
    Reply | Permalink  
  • Posted by LetsShrug 11 years, 11 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.
    Reply | Permalink  

  • Comment hidden. Undo