The Bankwatch

Tracking the consumer evolution of financial services

Techmeme headlines capture the Bitcoin issue and why Bernanke’s letter was at best, ill timed

After my post earlier today, I checked my daily tech goto site Techmeme, and here was the top story.  The complexity and ideological competition between the four headlines are visceral.


Written by Colin Henderson

November 18, 2013 at 19:47

Posted in Uncategorized

2 Responses

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  1. Sweet. I’m not a conspiracy theory guy. But when the Fed endorses something like Bitcoin I’m a bit suspicious that the various law agencies have put them up to it. It may mean they may have cracked the Bitcoin infrastructure already and that they want Bitcoin to continue so they’ll be able to track every illegal transaction they want to. Smart. Very smart.

    In regards to the long-term success of Bitcoin I’m skeptical. And the fact that the Winklevosse twins are bullish on it gives me more reason to pause.

    Patrick Lannigan

    November 18, 2013 at 21:28

  2. Purchasing Bitcoin is highly insecure as well as the investment might be lost completely. But, the upside potential is tremendous. Why do I say so? You can see here:


    November 19, 2013 at 04:31

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