Wrestling with Bitcoin. Why even hard-core goldbugs should respect and support cryptocurrencies.

Don’t get me wrong, I’m not suggesting you sell your gold for Bitcoins. What I’m saying is although they may not realize it, Bitcoin is a goldbugs friend. It has a real chance of changing the way the average person thinks about money and that is good news for anyone who is not a fan of fiat.

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New Debit Cards Offer Options but Come with Compromises

Euro Pacific Bank’s gold debit card has been available since late last year and now BitInstant has a Bitcoin backed debit card in the works.

While these are wonderful new innovations that no doubt will help alternative currency users, the current options come with catches as they are compromises between the old fiat system and their more innovative alternatives.

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Rumour has it the CFTC may drop its silver market investigation

The Financial Times has just released an article claiming that several people familiar with the CFTC’ silver investigation are saying that the regulator has not found enough evidence to pursue a legal case and will soon drop the investigation.

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A House Subcommittee holds an interesting hearing, including some testimony you can’t miss

I once again subjected myself to a House Subcommittee hearing; this time I was pleasantly surprized.

Yesterday the House Subcommittee on Financial Services, held a hearing titled “Sound Money: Parallel Currencies and the Roadmap to Monetary Freedom”.  There were an excellent group of witnesses, some intelligent questions from the committee members and testimony from Mr Rob Grey of The American Open Currency Standard that you don’t want to miss.

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