Former Director of U. S. Mint: China Bitcoin Ban Validates Cryptocurrencies
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.....
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Ed Moy, a former U.S. Mint Director, has recommended cryptocurrency like bitcoin as one of three useful ways to diversify your personal portfolio, according to Newsmax’s finance section. As long as the Internet exists, digital currencies such as bitcoin will have value, and they are beyond the reach of government and banks at present. In addition to investing in digital currencies, he recommends hoarding cash and buying metal bullion coins. Moy, who served as the 38th Director of the U.S. Mint from 2006 to 2011, is a member of the advisory board of Virtual Mint, LLC, which creates....
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....
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 Moyis one of many new faces that is supporting the cryptocurrency movement. It's Mr. Moy's past work, however, that makes his presence among us interesting. From 2006 through 2011, Moy served as the 38th Director of the United States Mint, nominated by President George W. Bush. And on several occasions now, Moy has spoken in the defense of the interests of cryptocurrency and the cryptocurrency community - actions highly applauded by enthusiasts around the world. Curious about his arrival on the crypto-scene, Moy allowed me the opportunity to ask him a few questions related to the....