Former US Mint Director Edmund C. Moy on Crashing Currencies: "More Citizens are Now Relying on Bitcoin Air Bags for Safety"
Whenever there are crashing currencies somewhere around the world, Bitcoin enthusiasts start "chomping at the bit" to introduce cryptocurrency to the economically unstable space. As the world becomes increasingly connected through the internet, the overall financial inclusion has not followed suit. More and more people around the world are now able to securely use Bitcoin as devices such as Bitcoin hardware wallets and easy-to-use solutions for multi-signature transactions become available. Writing specifically about countries with crashing currencies, the 38th Director of the US Mint....
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Edmund C. Moy served as the 38th Director of the U. S. Mint from 2006-2011. In an opinion piece published in Money News, former director of the United States Mint Edmund Moy discussed China's recent "dissing" of bitcoin. Moy is, of course, referring to the Chinese government dropping the ban hammer on third-party payment companies doing business with bitcoin exchanges - which has put a damper on the growth of bitcoin in the communist country. "The Chinese government needed to clamp down on BTC before it gained enough momentum to threaten the government's monopoly on currency," Moy says.....
Edmund C. Moy, the former director of the US Mint - the government body responsible for producing the country's physical coins, made waves in the bitcoin community this week when he took to Twitter to voice his enthusiasm for digital currencies. Moy's comments were issued in response to the most recent $2.6bn Credit Suisse settlement, in which the Switzerland-based banking giant pleaded guilty to helping clients evade taxes. In light of this news, the 38th Director of the US Mint went so far as to suggest that digital currency could provide the answer to current problems in the financial....
Edmund C. Moy, the 38th Director of the United States Mint, isn't afraid to show the world he's a fan of cryptocurrencies. Moy took to his Twitter account to respond to a posted article on CNBC.com with regard to the criminal conviction of Credit Suisse, one of the largest banks in the world. Moy's tweet read: "$2.6B fine 'won't do much damage': Credit Suisse CEO. It's time banks got competition. Time for cryptocurrencies." In a day and age where banks can seemingly get away with anything (and if they don't it's a minor slap on the wrist), Moy realizes that cryptocurrencies remove the need....
Edmund Moy is a former Director of the United States mint and well known economist. Mr. Moy has a background in both small businesses, working in his parents’ restaurant as a youth, and along with being Director of the Mint he served as Special Assistant to President George W. Bush and served on the transition for the new Department of Homeland Security. Mr. Moy also became interested in Bitcoin early in its development and continues to study the new paradigm by diving in himself. He is also scheduled to keynote at the Cryptolina Bitcoin Expo on August 16. Coin Telegraph: How did you first....
Organizers of the Cryptolina Bitcoin Expo announced today that Edmund C. Moy will be the keynote speaker at a Saturday evening dinner as part of Cryptolina on August 16. Edmund C. Moy was appointed in 2006 by President George W. Bush as the 38th Director of the United States Mint, where Moy served a five-year term until 2011. The Mint Director heads the United States Mint and has several major functions such as advising the U.S. Secretary of the Treasury, working closely with Congress and partnering with the Federal Reserve on forecasting demand, and analyzing payment systems and trends in....