China has been recasting their gold reserves, currently in 12.4 kg bars into smaller 1 kg bars, allegedly to lay the foundation a gold backed currency, and new banking reserve system.Read more »
Bernard von NotHaus faces up to 20 years in prison for his ‘conviction’ of the crime of minting $60 million worth of constitutionally legal private silver coins. Naturally, since von NotHaus made the mistake of minting the word dollar on the coins, the Feds threw the book at him, confiscated the phyzz, and labeled the patriot a ‘domestic terrorist’.Read more »
An accurate portrayal of the virtual nature of the US dollar which explores misconceptions and realities of the money used by so many.Read more »
More than three-quarters of the digital coins in the Bitcoin digital currency scheme aren't circulating because they remain dormant in user accounts that have never participated in outgoing transactions, a recently published study has found.Read more »
“Fiat” is money with no intrinsic value beyond whatever an issuing government is able to enforce. When it enjoys a monopoly as currency, fiat inevitably turns the free market functions of money inside out. Instead of being a store of value, the currency becomes a point of plunder through monetary policies such as quantitative easing. Instead of greasing society as a medium of exchange, the currency acts as a powerful tool of social control.Read more »
Congressman Ron Paul questions Federal Reserve Chairman Ben Bernanke in a U.S. House Financial Services Committee Meeting shortly after reports surfaced that the Federal Reserve was preparing for a third round of quantitative easing.Read more »
A graphical visualization of approximately the first 1000 transactions starting at block 0 on the bitcoin network.
Each dot is a bitcoin address ("Hello!" when it appears). There is a line between dots when there is a transaction between them ("Transfer"). The size of the dots represent the amount of "influence" that address has (PageRank). It is sized relative to the probability that a bitcoin will end up in that address given the transactions that have been seen.Read more »
Local alternative currency in Summit County, CO, "Mountain Hours" is becoming more popular.Read more »
Ransom demands are for BITCOINS or Romney's tax returns will go public.Read more »
Unfortunately, too much attention got directed to Clint Eastwood and lost in the discussion was a plank on the GOP platform of interest to those desiring sound money.Read more »
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