In just eight years, Bitcoin and the idea of “virtual currency” have gained acceptance and use both online and in the physical world. Spread by word of mouth and other “viral” means, decentralized virtual currencies have gone from a mere thought experiment to a tangible economic reality.
In today’s edition of The Heartland Daily Podcast, Jesse Hathaway, managing editor of Budget & Tax News, speaks with Norbert Michel. Michel is a research fellow at the Heritage Foundation. Michel joins Hathaway to discuss Bitcoin, an innovative digital currency that’s growing in popularity.
Since its invention in 2008, Bitcoin, a digital currency system, has slowly gained acceptance in online circles. But Bitcoin is only part of a potential future where a freer economy leads to increased economic growth and more consumer choice.
Tweet If you don’t visit Somewhat Reasonable and the Heartlander digital magazine every day, you’re missing out on some of the best news and commentary on liberty and free markets you can find. But[…]
In today’s edition of The Heartland Daily Podcast, Managing Editor of Budget & Tax News Jesse Hathaway speaks with Heartland Institute policy advisor Jeffery Tucker. Tucker and Hathaway have a discussion about the history and future of Bitcoin, an alternative digital currency with which users can buy physical goods.
Chris Casey, Managing Director at WindRock Wealth Management, sits down with the founder of Cryptohippie and author, Paul Rosenberg to talk about Bitcoin. Casey and Rosenberg answer all the most frequently asked question regarding the virtual currency.
The only way to permanently rid a society of a ‘gap’ in either wealth or income is by making everybody equally poor. If nobody has any more wealth than anybody else, then nobody can be ‘wealthy.’
Tweet Think immoveable force meets immovable object. The core conundrum of stateless Bitcoin and other virtual currencies is how to somehow gain legal acceptance by sovereign states. The central idea[…]
If the Fed further destabilizes the economy, the dollar will probably further decline, as who will want to buy dollars to invest in a declining economy only continuously threatened with even higher tax and regulatory burdens?