Kashkari has inflation concerns about bitcoin
The potential of digital currencies lies with underlying infrastructure, Minneapolis Fed president says
The president of the Federal Reserve Bank of Minneapolis expressed concerns about pioneering digital currency bitcoin on May 9, when he addressed the issue of inflation.
“The problem I have [with bitcoin] is while it says, by design, you’re limiting the number of bitcoins that can be created, it doesn’t stop me from creating neelCoin or somebody from creating bobcoin or marycoin or susiecoin,” Neel Kashkari said to an audience at the MN High Tech Association 2017 Spring Conference.
Kashkari’s
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