GoldMoney discusses Bitcoin with Jon Matonis

I very much sympathize with the old school goldbug scepticism about Bitcoin. It’s very reassuring to feel the weight of your money in your hand, and I don’t believe that Bitcoin meets with Mises regression theorem. But even if you don’t see Bitcoin as a sound form of money, you have got to admit that it’s damned useful! Bitcoin is perhaps the best alternative available at the moment for those suffering under the fiat banking system. As such it’s great to see an increasing number of traditional goldbug institutions, such as GoldMoney, embrace Bitcoin.

In a new podcast GoldMoney’s Andy Duncan discusses Bitcoin with the Bitcoin Foundation’s Jon Matonis. They discuss Bitcoin’s volatility, it’s dependence on the internet, 1 yr and 10 yr predictions for the currency and the ongoing Bitcoin vs Gold debate.

Listen to the podcast here.

GoldMoney Reduces Fees

Storage fees for gold stored at all VIA MAT vaults will be reduced by a third to 0.12% per annum.

Storage fees for silver stored with VIA MAT Switzerland will be reduces by half to 0.49% per annum or 0.39% per annum for more than 50,000 ounces of silver.

Minimum storage fee will be reduced to only 0.001 grams per month for gold, platinum and palladium, and 0.001 ounces per month for silver.

The changes, beginning in April, also include a reduction in metal-to-metal exchange fees and new bar registration & storage options.

Check out all the details here.

James Turk Discusses Gold, Bitcoin and Competing Currencies

In the below video GoldMoney’s James Turk and Félix Moreno de la Cova discuss gold, Bitcoin and competing currencies.

As always, Mr Turk has some interesting comments. But I think what he is really saying here is: Hey guys, Bitcoin is cool, I get it. …but I still prefer gold. Fair enough.

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