Competing Currencies

Bitcoin Is Splitting in Two. Now What?

Source: Wired Tom Simonite Imagine logging into your checking account and seeing that you now also have a second account, stocked with an equal amount of a newly created currency. It could happen this morning to many people who hold the cryptocurrency bitcoin. Not long after 8 am EDT, a …

Banking and Monetary Policy

Ron Paul Interview With Cavuto On Oil & The Dollar 03/05/12

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Competing Currencies

Ron Paul: Let’s Legalize Competing Currencies

by Ron Paul Before the US House of Representatives, February 13, 2008 I rise to speak on the concept of competing currencies. Currency, or money, is what allows civilization to flourish. In the absence of money, barter is the name of the game; if the farmer needs shoes, he must …