Fed Chief Yellen Says U.S. Will Issue Bitcoin-Denominated Bonds

I tawt I taw...

I tawt I taw…

...an intwest wate.

…an intwest wate.

In an explosive, in depth, and at times highly personal two-hour interview with Bud Fox News, Federal Reserve Chair Janet Yellen revealed that the U.S. government plans to issue bonds denominated in Bitcoin.  The Fed Head indicated that the first such issuance would probably occur in the first calendar quarter of 2015 but that no decision had yet been made about maturity.  Also during the interview, Yellen talked frankly about her battles with gambling addiction and working conditions under former Fed Chief Ben Bernanke. Continue reading