My article at Forbes inspired by Dr. Paul's final subcommittee hearing
Submitted by matonis on Tue, 08/07/2012 - 09:41My article at Forbes inspired by Dr. Paul: http://www.forbes.com/sites/jonmatonis/2012/08/07/parallel-c...
It may not be as historically significant as President Nixon closing the gold window in 1971, but Rep. Ron Paul laid out the framework for the inevitable monetary confrontation of the future in his final U.S. Domestic Monetary Policy Subcommittee hearing on “Sound Money: Parallel Currencies and the Roadmap to Monetary Freedom.”
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Thanks for posting your article here for us, freedom-seeking
laymen, to clarify what "legal tender law" and "bitcoin" are. As you suspected I didn't know that bitcoin has no issuer or is the largest distributed computing project. . . or that it is "three year old decentralized bootstrapped currency with $100 mill plus monetary base that is immune from government regulatory . . . and the crippling effects of monetary policy."
Since Forbes is not on my regular daily reading list, it really helps to have you introduce this type of info to us, matonis!