Former Director of U. S. Mint Edmund Moy: "It's Time Banks Got Competition. Time for Cryptocurrencies"
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....
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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 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....
Hours after it was announced that Credit Suisse is to pay US$2.6 billion in fines for aiding tax evasion, the former director of the United States Mint has spoken out against the bank – and in support of cryptocurrencies. While Credit Suisse’s director, Brady, publicly downplayed the result, saying the fines “[did not have] any material impact on our operational or business capabilities”, Edmund C. Moy tweeted in response: “$2.6B fine 'won't do much damage': Credit Suisse CEO. It's time banks got competition. Time for cryptocurrencies.” Such a reaction from within the government's....
We've written a few times about Edmund C. Moy, the former Director of the United States Mint who has seemingly taken a liking to bitcoin and cryptocurrencies in general. Last month, Moy notable said via social media that, "It's Time Banks Got Competition. Time for Cryptocurrencies," further pushing him into a noble status in the cryptocurrency community. And now he's even doing public speaking at a Bitcoin expo. As first pointed out by bitcoin website CoinTelegraph, Moy will be serving as the keynote speaker at the 'Cryptolina' conference that's taking place from August 15-16th in Raleigh,....
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....