BTC Price Drop: Interview with FMR Director of the United States Mint, Edmund Moy
There has been a great deal of speculation in the Bitcoin community about the sinking prices of Bitcoin and what its causes. There are people saying that margin trading is the culprit while others are putting the blame on mining difficulty or large corporations accepting Bitcoin and then converting it immediately for fiat currency. Because Bitcoin has the same traits as both money and commodities, CoinTelegraph decided to ask an expert on the subject of money, Edmund Moy, former Director of the United States Mint. Moy was in charge of the Mint for several years during the Bush....
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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....
A former (38th) Director of the United States Mint isn't shy about showing his interest in bitcoin and cryptocurrencies. Edmund C. Moy took to Twitter on Tuesday evening to report to his almost-1,000 followers that as of last week, he's purchased his first bitcoin. "Easy peasy!" he wrote in his Tweet, must to the satisfaction of those in the bitcoin community marveling at the irony of the entire situation. I bought my first bitcoin last week. Easy peasy. - Edmund Moy (@EdmundCMoy) July 15, 2014. When asked by a Twitter user what took him so long, Moy indicated that he was waiting until he....
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 Moy, the former director of the United States Mint under the Bush administration, first learned about bitcoin in the form of a footnote embedded in a coin demand forecast report. When he became director of the Mint in 2006, Moy commissioned annual reports that detailed the various market forces and characteristics that have an impact on coinage needs in the United States. These includes the role of digital payment systems such as credit cards and emerging means of moving money around the internet. In 2009, the report included a footnote briefly describing Satoshi Nakamoto's original....