06/01/2015
https://www.congress.gov...
"Bitcoin, and other cryptocurrencies like it, promised to make payments faster, easier and cheaper, and to eliminate our reliance on risky financial institutions whose failures harmed workers and famil..."
"Unfortunately, the last 10 years have shown that misconduct, fraudulent investment schemes, and cybersecurity threats aren't unique to the traditional financial system."
"Back then we were in the midst of a global financial crisis, and you can't blame some Americans for hoping that an alternative banking system could be created that would be superior to the one in sham..."
"Thank you, Chairman Crapo, for holding this hearing."