21 Sep '14, 9pm

Can the Federal Reserve Be as Transparent as Bitcoin Exchanges?

Can the Federal Reserve Be as Transparent as Bitcoin Exchanges?

In conclusion, I don’t identify with the Goldfinger-inspired conspiracy theorists. But I do think the US Government and Federal Reserve have an obligation to prove publicly through a completely independently run audit that they are holding the assets say they do. This obligation is to those American citizens that have paid so dearly in their standard of living for the mistakes made by the Federal Reserve. If no such action is taken it will be standing testament to the fact that the transparent financial system found in cryptocurrency can provide much better confidence to consumers then a secretive, centralised and authoritarian financial authority.

Full article: http://www.cryptocoinsnews.com/can-federal-reserve-be-tra...

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