r/Economics: Where a 5 year old story on Mt. Gox gets hundreds of upvotes, but a recent paper from the Fed that claims crypto and Bitcoin are legitimate assets gets ignored.

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Recently clicked on the top post story over there thinking there had been another big hack or something. But lo and behold they are still obsessing over the Mt. Gox debacle. So I thought I'd test and see if I could prove their bias by posting a recent paper from the Federal Reserve Bank of St. Louis that states "in some ways, Bitcoin is more robust than fiat" and, "crypto assets are posied to become a welcome and important asset class."

To no surprise my post has remained at 1 upvote after dozens of views and being on the subs front page.

https://np.reddit.com/r/Economics/comments/7qv2c1/st_louis_fed_in_some_ways_bitcoin_is_more_robust/?ref=share&ref_source=link

submitted by /u/JimGusa
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Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $48221.43 USD  (via Coinbase)
1 ETH = $1530.90 USD  (via Coinbase)
1 LTC = $180.22 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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