Luminaries of America’s various Federal Reserve banks abounded at the Hoover Institution’s annual May 4th monetary policy conference. Notably, bitcoin was a non-trivial subject of conversation among these Fed thought leaders — the OG crypto’s officially on the Fed’s mind.
Love it, hate it, or don’t understand its labyrinthine complexities altogether, the Federal Reserve System — the central banking network of the United States — looms large over the economic fate of America regardless. And, at this year’s “Currencies, Capital, And Central Bank Balances: A Policy Conference” hosted jointly by Hoover Institution and Stanford University, bitcoin was interestingly a recurring subject of conversation among the many Fedsters present.
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