Why Does Bitcoin Have Value?

This article was posted originally at the Epoch Times. Up 158 percent against the U.S. dollar this year, bitcoin is now the best-performing currency. Many are confused as to how this mathematical protocol can be worth more than $2,600, and why it keeps

Is Bitcoin’s Surge Pointing Us to the Gold Standard?

Last week, the “digital currency” Bitcoin raised eyebrows when, for the first time, a Bitcoin became more valuable than an ounce of gold. While Bitcoin remains unimpressive as a form of money, the torrent of investment it’s receiving is potentially a sign

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Cruz Is Right About Gold

Ted Cruz grasped the nettle in the debate and explicitly upheld gold as the “ideal” monetary foundation. Perhaps he understands the scandal of money: that gold currency is now effectively illegal in the U.S.; that the murky $5.3 trillion a day churning of currencies now muddles

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George Gilder on the Power of Money

An article published last week by the New York Business Journal covered George Gilder’s recent appearance at the OnFinance conference. During his remarks to the conference’s attendees, Gilder endorsed the use of bitcoin in no uncertain terms: “I think bitcoin should be