Where the NY Fed ‘Bitcoin Is Not New’ Blog Goes Wrong

[Tnoy30]

CoinDesk columnist Nic Carter is a partner at Castle Island Ventures, a venture fund based in Cambridge, Mass., that focuses on public blockchains. He is also the co-founder of Coin Metrics, a blockchain analytics startup.

Recently, two staffers at the New York branch of the Federal Reserve published a short tract provocatively entitled Bitcoin Is Not a New Type of Money. As someone who has used Bitcoin for payments, savings, and a means of wealth transfer for the last half decade, this was news to me. I was curious to find out what I had been using this whole time, if not money.
Read on: https://www.coindesk.com/where-the-ny-fed-bitcoin-is-not-new-blog-goes-wrong

[TomPluz]

Those people can not be considered as really experts on money and since they are on the side of the government the more that we should not trust and listen to them. The way I am seeing it as that they seem to be suffering from a great confusion in the face of the rise of cryptocurrencies much more with Bitcoin.