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Not sure how much longer they'll be "ignoring" it, as Bernanke just spoke at Ripple's crypto conference: https://cointelegraph.com/news/former-chairman-of-fede

• cookiecaper 9y ago
  They likely understand that they'll have to legitimize this in some form, and it's really a dream situation for them. It'd be easy to construct a network, either from-scratch or a fork of an extant blockchain, where they set up rules that allow them to manipulate with minimal effort while maintaining the appearance of independent mining and consensus algorithms. If they wanted to, they could pretty much already do this with bitcoin itself, which is still small potatoes to a state-level actor looking to disrupt it. And of course, the permanent, irrevocable public ledger of every transaction ever is the ultimate tool for concocting false associations. You mean you accidentally contributed 3% of the bitcoin that was used to fund a drug operation 2 transactions down the chain? Sure, tell it to the judge. It doesn't matter that we didn't unearth this until after you published an article critical of the Central Money Authority! That is purely coincidental. People learned long ago that the best way to undermine a burgeoning movement is not to moralize or criticize its obviously-resonant principles or core properties. It's to build something that you can continue to control that appears to have those same attractive qualities. Meet the demand with a trojan. Big companies and governments do this constantly.