Free Talk Live - currency

The Gold Standard Goes Mainstream

alisium — Thu, 30 Aug 2012 21:47:35 +0000

An under-reported development of this campaign season is the Republican Party's decision this week to send Gov. Mitt Romney into the presidential race on a platform effectively calling for a new gold commission. The realization that America's system of fiat money is part of its economic problem is moving from the fringes of political discussion to the center.

Bitcoin buyers throw good money after bad

phonon — Mon, 29 Aug 2011 18:11:04 +0000

The issue is whether Bitcoin will ever be so widely adopted that it acts like a real, stable currency. Right now, it’s more like a commodity with wild price swings on rumors, articles, anonymous chat-board postings, and well-publicized problems with theft. Most people should wait at least until those issues are resolved. Generally, however, average folks shouldn’t be making direct forays into currency trading; Bitcoin feels a bit like online investing, but it’s more like diving into foreign exchange with even less information on which to make currency calls.

Cash-sniffing dogs now being used at airports

brill — Fri, 25 Feb 2011 08:21:03 +0000

US Customs, a division of Homeland Security, is now using cash-sniffing dogs at airports for international travelers. A dog was able to detect one passenger's $400 in currency from among numerous travelers.

A bitcoin is now worth more than a US dollar.

davehollis — Sat, 12 Feb 2011 05:45:57 +0000

A peer-to-peer currency exchange done without coercive influence is now worth more than the dollar. Which just goes to show that a currency can exist without governmental intervention.

Dollar to Become World's "Weakest Currency"

ZEUSLGN — Tue, 23 Nov 2010 00:43:30 +0000

The dollar may fall below 75 yen next year as it becomes the world’s “weakest currency” due to the Federal Reserve’s monetary-easing program, according to long-time partners-in-crime, J.P. Morgan.

Bitcoin P2P Cryptocurrency

davehollis — Mon, 07 Jun 2010 07:44:17 +0000

Bitcoin is a peer-to-peer network based anonymous digital currency. Peer-to-peer (P2P) means that there is no central authority to issue new money or keep track of transactions. Instead, these tasks are managed collectively by the nodes of the network. Anonymity means that the real world identity of the parties of a transaction can be kept hidden from the public or even from the parties themselves.

Idaho Bill Encourages Silver to replace Cash.

TruthNeverChanges — Tue, 16 Mar 2010 03:50:28 +0000

The bill approved Monday is intended to encourage the use of silver as a form of currency and reinvigorate Idaho's silver mining industry, which has been in decline for decades.

Washington-Tear Down Your Wall Against Currency Competition

getonid — Fri, 01 Jan 2010 12:11:55 +0000

On December 9, 2009, Congressman Ron Paul introduced the Free Competition in Currency Act before the US House. The need for this legislation is a clear indication of how far our financial rights and freedoms have fallen in the United States as much of the world outside Washington�s financial iron curtain already have free competition in currencies.