Economics

Could Bitcoin Be Answer for Profit-Starved Post Office?

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Researchers for the U.S. Postal Service inspector general’s office are making the case that an agency rooted in delivering mail and selling stamps can help Bitcoin go mainstream.

The inspector general’s staff is urging the Postal Service to expand into financial services as part of a broader strategy to end seven straight years of losses. That may include turning local post offices into brokers for BitcoinBloomberg Terminal, a five-year-old anonymous network for issuing and moving money across the Internet.