We got an indication today of how much the idea of Bitcoin has penetrated society.
FOMC member Dudley says that the Fed is starting to think about its own digital currency.
I found that ironic,
Seen as the lions share of FIAT currency itself is digitally generated
through credit emission in the banking system and monetized government debts!
The USD is the biggest digital currency, and it dwarfs bitcoin by several orders of magnitude.
It seems that the FED itself does not realize its own game.
Lets get into those digital currencies then!