According to a new publication of the Federal Reserve Bank of New York, Bitcoin is not a new type of money. The authors argue that it’s a new type of exchange mechanism, capable of supporting money transfer. The well-known economist and author Peter Schiff backed up the claims, reiterating that once savers lose confidence in […]The post The Federal Reserve Gets Bitcoin Right, Says Peter Schiff: Here’s The Catch appeared first on CryptoPotato.