Bitcoin backed by the Federal Reserve

On September 6, 2013, US Federal Reserve Chairman Ben Bernanke sent a letter to a Senate committee in which he described the Bitcoin as a fast, secure, and efficient payment system.

On November 19, 2013, the Fed (US Federal Reserve), as well as the US Department of Justice, gave a rather positive opinion and even talked about legitimate currency regarding the bitcoin. Former President of the Fed Ben Bernanke even evokes its “potential”.

On May 9, 2014, according to the Federal Reserve of the United States, the Bitcoin would be “a windfall” for the economy.

Today the Bitcoin is worth nearly US$ 1644.