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A Simple Guide to the Most Important Subject You Never Learned In School, What Our Money Is, Its History, and an Analysis of a Failing System.

The Case For Owning Bitcoin from a Crypto-Currency Skeptic

The Case For Owning Bitcoin from a Crypto-Currency Skeptic
So why am I, a self proclaimed bitcoin skeptic, putting up a post on why bitcoin has a place in a modern portfolio?  No I have not changed my mind on bitcoin.  There is still significant evidence that it was created by those who do not have economic freedom in mind.  That said researching and writing my last piece on the commonly held belief among financial commentators and advisers that the correct allocation to precious metals is 0% forced me to take a second look at bitcoin.  An absolute claim like, you should not own ANY precious metals, rubbed me the wrong...
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Guest — MikeWismer

Bitcoin for Everyday Usage

Many articles about Bitcoin (yours included) focus on Bitcoin as a possible investment, while ignoring its usefulness as a currenc... Read More
Monday, 06 July 2015 13:12
CaptDebtCrash

Mike

First, thank you for your comment. I think you make a valid point, but I don’t want to get caught up on the semantics of what asse... Read More
Monday, 06 July 2015 14:00
Guest — MikeWismer

Capt

I agree that a discussion over what constitutes money, etc is pointless. Whether we agree or not is immaterial - I can store my e... Read More
Monday, 06 July 2015 15:39
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Recent Trends Toward the E Dollar

Recent Trends Toward the E Dollar
    This post is a quick overview of the E-Dollar with some updates from when I wrote my first post that are making my prediction that it could be implemented more and more likely. I stumbled across the E-Dollar in the following Business Insider article: http://www.businessinsider.com/electronic-currency-2013-11 The article is interesting, and frightening, but please skim over it to understand the rest of the post.  Reading this article was an epiphanic moment for me, not in the sense that I thought that the E Dollar was the proper solution to our monetary ills, but that it was the perfect solution for...
Recent Comments
Guest — Flicker
I used to think conspiracy theorists had weak and superstitious minds. And now I R one. And at the same time, some nearly four d... Read More
Tuesday, 19 May 2015 02:12
Guest — MikeWismer

Inflation

I'm having a hard time wrapping my head around the concept. This is simply a form of inflation that is out in the open instead of... Read More
Monday, 06 July 2015 20:39
CaptDebtCrash

E Dollar

Mike, The E dollar would allow a gradual total credit market debt haircut, banning cash, and allow the implementation of negative ... Read More
Tuesday, 07 July 2015 05:59
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Bitcoin an E-Dollar Beta Test?

Bitcoin an E-Dollar Beta Test?
The E-Dollar is a new form of currency, albeit a questionable one, that could solve the unsustainable debts of the current monetary system.  It fits the mold of past currency overhauls, namely it increases the power of both the banks and the government.  This post is the result of new information that has been brought to my attention about bitcoin and not a re-explanation of the E dollar.  If you would like more information on the E dollar please read my first post History and Introduction. In that first post I explained why bitcoin has been permitted by the government  when they have...
Recent Comments
Guest — John Roberts
Exactly:Bitcoin is allowed to exist, because it is a government invention designed to replace currency and the black market, and g... Read More
Wednesday, 01 April 2015 09:43
Guest — moe
Bitcoin is allowed to exist because they have no way of taking it down. It is decentralised.
Friday, 01 May 2015 02:14
Guest — Bill
Bitcoin was first talked about in the 90's by the cypherpunks a group of hackers that could see that the information revolution an... Read More
Saturday, 16 May 2015 23:17
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Coinbase

Coinbase is an easy and secure way to buy and store Bitcoin. 

Follow this link for more information or to open an account.   

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