> Bernanke never said this (http://imaginarymarkets.com/reddit-corrects-bitcoin-quotes-a... http://imaginarymarkets.com/reddit-corrects-bitcoin-quotes-a...), an

> Bernanke never said this (http://imaginarymarkets.com/reddit-corrects-bitcoin-quotes-a... http://imaginarymarkets.com/reddit-corrects-bitcoin-quotes-a...), and it's tacky to perpetuate this falsehood. I don't understand this. He did say it....here is the paragraph in it's entirety from his address to the Senate: Historically, virtual currencies have been viewed as a form of “electronic money” or area of payment system technology that has been evolving over the past 20 years. Over time, these types of innovations have received attention from Congress as well as U.S. regulators. For example, in 1995, the U.S. House of Representatives held hearings on “the future of money” at which early versions of virtual currencies and other innovations were discussed. Vice Chairman Alan Blinder’s testimony at that time made the key point that while these types of innovations may pose risks related to law enforcement and supervisory matters, there are also areas in which they may hold long-term promise, particularly if the innovations promote a faster, more secure and more efficient payment system. He was using Vice Chairman Alan Blinder's testimony to prove the point that while those innovations may pose risks there are areas which they may hold long-term promise. So not sure what you mean by he didn't say that. Marc's original statement is indeed accurate, per the transcript of Bernanke's speech. [1] [1] - http://qz.com/148399/ben-bernanke-bitcoin-may-hold-long-term-promise/ http://qz.com/148399/ben-bernanke-bitcoin-may-hold-long-term...