@HildyJ Re: Self Interest, Public Interest
I entirely agree. The bitcoin market is a classic tulip market. One only has to look at the effect of Elon Motormouth opening his gob on the subject to see how fragile and "airy" that market is. One of the foremost tasks of any central bank anywhere in the world is the maintenance of value and stable currencies are one of the keys to that. Speculative bubbles in currency values of the type we see in the bitcoin markets give any central bank governor nightmares.