Edmund C. Moy Former Director, U.S. Mint and BitcoinIRA’s Chief Strategist
- Born: September 12, 1957
- Hometown: Alexandria, Virginia
- Education: BA in Economics, International Relations & Political Science from the University of Wisconsin-Madison
- Career Highlights: 38th Director of the United States Mint 2006-2011.
Served as Special Assistant to President George W.Bush. Awarded Alexander Hamilton Medal for public service.
Ed Moy — Former Director, U.S. Mint — and BitcoinIRA’s Chief Strategist
“Bitcoin puts the power to create money back into the people’s hands.” – Ed Moy
We are pleased to introduce our Chief Strategist and advisor, Ed Moy – author, entrepreneur, sales executive, consultant and distinguished leader in public service. Ed has devoted much of his professional life to thinking and writing about currencies and how they can boost or inhibit global economic conditions as well as private savings and investments.
As the 38th Director of the U.S. Mint (2006-2011), Ed writes knowledgeably and enthusiastically about bitcoin as the
“…technological leap that puts the creation of money and the determination of its value back in to the hands of individuals and the private sector….The free market determines the value of a bitcoin through competition not by government fiat.”
Ed’s fascination with coins and their designs began in his parents’ Chinese restaurant when they made him responsible for the cash register.
Later, his intellectual development and leadership qualities were fueled by his years at the University of Wisconsin-Madison (“the Berkeley of the Midwest”) where he received a BA degree and triple major in economics, international relations and political science.
Despite the setbacks of the 1979 Recession, Ed landed a sales executive position with Blue Cross/Blue Shield United of Wisconsin, where he was mentored by Senior Vice President of Marketing Ed Edwards who later become the organization’s CEO.
Ed achieved much success selling medical and dental managed-care packages to corporations. At the same time, he met Karen Johnson whom he asked to be his wife. They married in 1982. They have one daughter, Nora Sue Moy, whom they adopted from China.
“…like gold, investing bitcoins in an IRA functions best as a small part of a balanced portfolio.” – Ed Moy
After volunteering in the presidential campaign in 1988, Ed was sought out by the White House and the U.S. Department of Health and Human Services to run the federal government’s managed care office. He and his family moved to the nation’s capital where he was political appointee at the agency that regulated Medicare and Medicaid. There, Ed was in charge of regulating the HMO sector and integrating managed-care options for seniors on Medicare.
After the 1992 presidential campaign, Ed became a consultant to the private equity firm Welsh, Carson, Anderson & Stowe. Here, Ed worked closely with the firm’s partners and traveled throughout the United States as a deal-maker. After his stint at Welsh, Carson, Ed served as a board member at a firm in which he invested; and later became an executive at a number of health-care organizations.
In 2001, President Bush’s advisors requested Ed to become a member of the Bush transition team. For six years, he served as Special Assistant to the President in charge of Presidential Personnel.
In this capacity, he recommended appointees to the various cabinet departments and independent agencies, and routinely briefed George W. Bush, Vice President Cheney and the White House Chief of Staff. Moy served in The White House on September 11, 2001 and assisted in the creation of the U.S. Department of Homeland Security.
“The promise of digital currency is a new financial transaction system: cheaper, more efficient and secure transactions. No currency wars, exchange rates and arbitrage. There could be less friction and more transparency for every transaction.”– Ed Moy
Subsequently, he was recommended by Treasury Secretary John W.Snow and selected by President Bush to become the 38th Director of The United States Mint. His appointment was unanimously confirmed by The United States Senate.
He supervised U.S. Mint operations during the difficult years of the Great Recession, when there was an unprecedented demand for gold and silver bullion. At the Mint, he also oversaw the final days of the 50-state Quarter program, the launch of the Presidential Dollar Coins, and the National Park Quarters Program.
Under Ed’s reign, the Mint created the modern Saint Gaudens Double Eagle Coin and added in excess of a $1 Billion surplus to the U.S. Treasury General Fund.
Ed resigned his commission as director of the U.S. Mint in 2011, and became an officer and, later, director of a NASDAQ-traded company in Seattle. There, he developed his skills for doing business with China.
Currently, Ed is Chief Strategist of Fortress Gold Group, a leading provider of IRAs in physical gold. He provides the company with expert analysis of precious-metals markets and monetary and fiscal policy as well as digital currencies.
He is author of the book, American Gold & Platinum Eagles: A Guide to The U.S. Bullion Coin Programs. Ed provides autographs for the Professional Coin Grading Service of Collectors Universe (NASDAQ: CLCT). He also serves on the board of a public company and on the board of a business school.
At BitcoinIRA, we are gratified to welcome this multi-talented and highly qualified executive as our Chief Strategist and advisor.