The world’s first Bitcoin baby was born in California, according to a June 10 Yahoo report. This baby is the first whose conception was funded by the hugely popular Bitcoin currency.
During the Argentine economic crisis, alternate currencies evolved and some government employees were paid with IOUs. Recent events in the U.S. have had states paying with IOUs, and in the case of Illinois, some bills simply remain unpaid. Alternate currencies have evolved. Digital assets is the most well-known, alternate digital currency that was born out of frustration with the current fiat money system of which the USD is the king.
Two, is current events. Since the current financial crisis began several years ago, U.S. Government debt has exploded into what is now uncharted waters. Much of this seems to have simply been to save powerful banking interests. And while attribution to this quote seems difficult, it appears correct that a democracy can only exist until the majority discovers it can vote itself largess from the public treasury.
During the late 70s and early 80s the country went into debt for state funded projects, a war against the U.K. for the Falklands islands, and state takeover of private debts. Compare that to the U.S. experience.
The Gold CombiBars are minted to a size that is similar to a credit card for the express purpose of fitting into your wallet and being easily carried with you as you travel or simply go about your day.
No one will sell you this kind of software because he is “such a nice guy” but the reason why i am giving this out is that for every time i need $100 i have to create a new liberty reserve account,and go through the hassles of opening a new email and all that stuff which is mentally stressful and time consuming so i taught of selling it on my blog to make extra income without opening a new liberty reserve account.
That confidence has and will continue to erode. The first reflection of that erosion will be in long-term interest rates. Despite all the efforts, and they are massive, to hold interest rates down, they are on the rise. This is a recognition by the market that it is uncomfortable with the current debt condition of the U.S. That discomfort will increase. Even if rates simply return to a long-term average, the collision of politics and economics will be in full display in Washington and state capitals across the country. This time is NOT different.