Ira Stoll Says It's Time To Grill the Federal Reserve About Bitcoin



When Janet Yellen arrives on Capitol Hill this week for her first Congressional testimony as chairman of the Federal Reserve, some enterprising senator or Congressman may want to ask her about Bitcoin. Ira Stoll says the most provocative way to phrase it would be something like, "Chairman Yellin, what effect would it have on the dollar and the world financial system if some large online retailer such as Amazon or or even the online Apple Store were to announce that it was going to give customers the choice of paying in Bitcoin instead of in dollars?"