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Bitcoin Vs. Gold & Silver – Mike Maloney & Chris Martenson

May 26, 2013 in Bitcoin, Currency, Gold, Gold Bullion, Gold Coins, Investing, Precious Metals, Silver, Silver Coins, Virtual currency

By: GoldSilver.com May 24, 2013 (http://www.goldsilver.com)

In our newest video, Dr. Chris Martenson and Mike Maloney take some time to discuss Bitcoin, precious metals and the future monetary system.

We first celebrated Bitcoin Invading Mainstream Banking on January 11, then reported here on April 30 that Canada had tightened its grip on Bitcoin exchanges. In another article (with video from Mike), we posed the question: Could Bitcoin Eventually be the New World Currency?

The big deal over Bitcoin is our freedom of choice, because if digital options such as Bitcoin or U.S. dollars were equal in value as money to gold and silver, the owners of the systems wouldn’t need laws to enforce a currency monopoly. Mike has already taken sides in this controversy, saying, “I’m for whatever the free market picks for currency.”

Dr. Martenson agreed, wisely pointing out the ongoing “Cold War race between security professionals and hackers.”

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