Dear Readers,
Pundits on social media and mainstream media often make it seem like governments outright despise Bitcoin and the ideals that it stands for. That certainly seemed to be the case earlier this month when we rebutted a number of poorly-developed theses produced with the backing of the United States Department of Defense.
Governments have definitely given themselves a lot of reasons to fear Bitcoin’s success as well. Bitcoin can’t be controlled, which means that governments can’t use it to control you. That’s a godsend for you and me and a nail in the coffin of government overreach.
However, from time to time we’re reminded that governments are made up of individual people, and that not all of them are opposed to the brewing Bitcoin revolution. That seems to be the case for some members of the Federal Reserve Bank of Cleveland in the United States.
