CFTC parahiraa: e tia ia tatou ia faatura i te anaanatae o te ui api no nia i te currencies

I roto i te Tuesdays Congressional faaroo o te paraparau atu i te Bitcoin, the Chairman of the Commodity Futures Trading Commission was directly asked about virtual currencies.

He said he sees Bitcoin primarily as a commodity, a long term store of value, and went on to directly mention the termHODL”. He then said that Bitcoin is also used as a currency, a medium of exchange.

He further said, “We owe it to this new generation, to respect their enthusiasm for digital currencies with a thoughtful and balanced response, not a dismissive one

He also mentioned the Blockchain and distributed ledger technology, specifically that it has a wide range of applications from charities to banking.

Te taata papai: O sara Bauer


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