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A comment on Yellen on Bitcoin: Fed Doesn’t Have Authority to Regulate It in Any Way. Parent comment

Re:Yellen on Bitcoin: Fed Doesn’t Have Authority to Regulate... by dllthomas on Thursday February 27, 2014 @08:46PM (#7316720)
Strictly speaking, if people start maintaining deposit accounts denominated in bitcoins, I wonder whether the Fed could set the reserve rate.
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Re:Yellen on Bitcoin: Fed Doesn’t Have Authority to Regulate... by larrik on Friday February 28, 2014 @08:54AM (#7318687)
I think if banks started doing it, the Fed could regulate the banks with respect to bitcoin. I don't believe it would magically apply to anyone else, though.

Admittedly I don't follow finance, though.

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